The gross domestic product of the United States of America recorded a decline in the first quarter of this year ending in March, by 1.4% in the preliminary reading, according to the report of the Bureau of Economic Analysis issued a while ago, compared to 6.9% in the fourth quarter of last year, contrary to expectations that indicated a growth of 1.1% .

This contraction in the American economy came in conjunction with the increase in cases of Covid 19 and the continuation of restrictions and disturbances in institutions in some parts of the country.

T0he US dollar is trading before the opening of the American session today, Thursday, April 28, with a decline of about 0.40%, after announcing the statement at 103.50 levels, after testing 103.90 levels before the statement.