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Currencies: Dollar slides ahead of fourth quarter GDP data, amid geopolitical jitters

U.S. dollar weakened and traditional havens like the Swiss franc and Japanese yen strengthened amid risk-off impulses from the U.S.-North Korea summit in Vietnam and ahead of the first reading of U.S. fourth quarter GDP growth.

Consensus estimates put the gross domestic product growth at 1.9% in the final three months of last year, down from 3.4% in the third quarter. Jobless claims for the week ended Feb. 23 are due alongside GDP at 8.30 a.m. Eastern.

After Federal Reserve Chairman Jerome Powell concluded his semi-annual congressional testimony on Wednesday, sticking to his dovish script, numerous Fed speakers are lined up for Thursday.

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