The tendency of downturn of the American currency proceeded on Tuesday.

So at yesterday's tenders the euro/dollar rate rose up to maximal level for last seven months after the key indicator of business confidence of Germany reached a new peak for 15 years.

However unexpectedly strong economic reports on consumer confidence and existing home sales in the USA have supported a little a dollar exchange rate.

After the publication of these data the probability of the basic interest rate rise at June FOMC meeting increased.

Existing home sales in the USA in March grew up to 6.92 million from 6.91 million in February.

This parameter has also exceeded a predicted level 6.60 million

According to published data of Conference Board consumer confidence index in the USA has unexpectedly grown up to 109.6, having reached a four-year-old maximum.

The parameter was much better than the economists’ forecasts, expected reduction of a parameter up to 106.3.

The previous value of the given index has been revised from 107.2 up to 107.5.

In its turn, positive data in Germany, and also expectation of interest rates increase in Eurozone in May, have supported a rate of euro.

According to data of German research institute Ifo, the business index in Germany in April rose up to 105.9 from 105.3 in March. The given index grows the fifth month in a row. Besides, the parameter has exceeded the economists’ forecast, expected drop in the index up to 104.8.

Preliminary value of a consumer price index in Germany for April made +0.4 % for a month, +2.0 % for a year.

It was expected that the given parameter would make +0.2 % m/m and +1.9 % y/y.

The previous value of the given index made 0.0 % for a month, +1.8 % for a year.

Preliminary value of the harmonized consumer price index in Germany for April made +2.3 % for a year against the previous value of +1.9 %.

The British currency has also grown against the dollar.

The data, published on Tuesday, showed that the sector of a manufacturing industry of Great Britain continues to show signs of growth in April.

According to the economic review of the British confederation of manufacturers the balance of factory orders of Great Britain for April made -11 % against -16 % in March, and they are the best data since February 2005.

It was expected, that the given parameter would make -17 %.