In the currency markets today, the U.S. dollar fell to a one-month low against a basket of other major currencies after weak U.S. GDP and durable goods orders reports signaled the potential for more dovish tone from the Federal Reserve.

The euro gained about 0.18 percent against the U.S. dollar today and hit more than a two-week high of $1.3651 early in today’s trading session.

The Japanese yen was stronger today as it rose partly due to ongoing tensions in Iraq.

Other Markets:

In the U.S. markets today, stocks gained ground, led by drug makers.

The Dow added 49.38 points or 0.29%, the S&P 500 gained 9.55 points or 0.49%, and the Nasdaq added 29.40 points or 0.68%.

Upcoming important economic announcements (New York time): 6/26/2014

5:30am EST: Britain – BOE Gov Carney Speaks
8:30am EST: United States – Unemployment Claims
6:45pm EST: New Zealand – Trade Balance