Western Union quotes as follows:The dollar pared gains after U.S. growth went unrevised at an annual rate of 2.2% for the final quarter of last year. Forecasts called for growth to get upgraded to a 2.4% annual pace for the fourth quarter. The data offered one of the least fresh updates on the U.S. economy but it did show that it entered the weather-impacted first quarter on a fragile footing. More indecisive trade could be on the cards for the buck until markets get a look at highly important U.S. data Monday on inflation and Friday’s ever crucial nonfarm payrolls report. Fed friendly numbers that reveal the economy’s underlying sturdy health would be dollar positive and keep a rate hike in reach.

The material has been provided by InstaForex Company – www.instaforex.com