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MW: Dollar remains mostly lower after GDP data
 
The dollar remained mostly lower against other major currencies on Wednesday after data showed that U.S. gross domestic product contracted 6.1% in the first quarter, more than the 5.1% decline analysts expected. The euro rose 0.9% to $1.3256 and the British pound gained 0.8% to $1.4739. The greenback, however, rose 0.4% against the Japanese currency to 96.74 yen. The dollar index , a measure of the greenback against a trade-weighted basket of currencies, fell to 84.56, down from 85.18 in North American trading late Tuesday.
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