The dollar remained lower Friday after the government revised its first quarter gross domestic product data, showing the economy didn't shrink as much as previously reported, but was not as much of an improvement as economists predicted. The dollar index, a measure of the greenback against a trade-weighted basket of six major currencies, slipped to 79.560, down from 80.643 in North American trading late Thursday. The euro traded at $1.4105 after hitting its highest level of the year, rising from $1.3923 late Thursday. The U.S. gross domestic product declined 5.7% in the first three months of the year, better than the negative 6.1% estimated a month ago. Economists surveyed by MarketWatch expected a negative 5.5% print. Still to come are a regional report on manufacturing and national consumer sentiment data.
