International Forex Inforamtion

Dollar continues to attempt to strength in general as mixed data from US provides little inspiration to the markets. Finalized Q1 US GDP was revised up from -5.7% to -5.5% annualized contraction unexpectedly. GDP price index was unchanged at 2.8%. However, initial jobless claims unexpectedly climbed back to 627k. Continuing claims rose again to 6.74m. From Eurozone, industrial new orders dropped much more than expected by -35.5% yoy in April.