After insignificant correction the American currency has continued its falling against the basic currencies.

Ambiguous economic data in the USA could not support the dollar.

In its turn, the European currency grew after the statement of ECB Ppresident Jean-Claude Trichet.

ECB Head Trichet let the markets to know that next month it is no use to expect increase of the rate.

Thus, the euro/dollar rate was up 150 points yesterday.

The data in the Eurozone and Great Britain, published on Thursday, were also mixed.

Yesterday decisions on the monetary policy of two largest European banks have been announced: ECB and Bank of England.

As it was expected upon termination of meeting on the monetary policy ECB Governing Council decided to leave interest rates without change. The refinancing rate remained at a level of 2.50%.

Bank of England MPC also made a decision to leave the repo rate in Great Britain without change at a level of 4.50 %.

Thus, the rate remains constant the9-th month successively.

Such decisions of banks were predicted by the market’s participants.

The service sector of Eurozone showed the next little growth that is favorable for economic restoration in region in April.

The business index in service sphere in the Eurozone rose up to 58.3 in April against 58.2 in March.

These data should strengthen expectations of ECB rates increase in June.

The business index in service sector in France made 59.4 for April against the previous value 60.4.

In Italy business index in service sector rose up to 59.6 in April from 59.0 in March.

In Germany the given index also hiked in April and made 57.3 against the previous value 56.6.

The business index in service sector in Great Britain also was above the forecasts.

Thus, the given index raised up to 59.7 in April, 2006 from 57.4 in March, having reached a maximum level since January, 2004.

Analysts forecast that the index would make 57.6 points.

Final value of money supply ?4 index in Great Britain for March made +1.0 % for a month, +12.3 % for a year against preliminary value of +1.1 % m/m, +12.4 % y/y.

The consumer credit in Great Britain made +0.28 billion pounds for March at the forecast +1.20 billion pounds.

The previous value has been revised from +1.42 up to +1.20 billion pounds.

According to Eurostat data, published on Thursday, in March volumes of retail sales in the Eurozone reduced unexpectedly, contrary to optimistical economists’ forecasts.

The volume of retail sales in Eurozone fell 0.8 % in relation to a February level.

Year over year sales decreased 0.2 %.

Though according to the forecast the gain of indicators on 0.1 % for a month, and on 0.8 % year over year was expected.

Data for February have been revised from -0.2 % to -0.1 % for a month and from +1.0 % to +1.4 % in annual calculation.

According to the published data of the US Department of Labor on results of the first quarter labor productivity in the country was restored.

Preliminary value of labor productivity index rose3.2 % against decrease of 0.3 % the last quarter and the forecast of +2.9 %.

According to the US Department of Labor jobless claims in the USA increased 5000 up to 322000 for a week on April, 29th.

The jobless claims was worse than the expected level and reached the maximal value since November of the last year. It was expected that the given indicator would make 305000.

Four-week average was also up 314 250, that became a maximum.