During yesterday's tenders the American currency decreased after the issue of weak data over the USA, in particular after the publication of lower value of producer price index in the USA and also housing starts data, which were much below forecasts.

In turn, these data promote reduction of probability of the interest rates increase at June FOMC meeting.

However, high rates of growth of industrial production in the USA supported a dollar exchange rate.

Industrial production in the USA in April grew above forecasts, basically owing to demand for the industrial equipment that has led capacity utilization to a six-year maximum.

The index of industrial production in the USA in April was up 0.8 % after March increase of 0.6 %.

The given parameter is maximal since December of the last year.

Capacity utilization also rose to 81.9 in April that is maximal since July, 2000 against the revised March value 81.4.

It was expected that the given parameter would make 81.5.

As the report of the government showed new home sales in the USA in April reduced to 1.849 million at the forecast 1.965 million

The previous value has been revised from 1.960 to 1.996 million.

The indicator was considerably below the forecast and reached a low since November, 2004.

Its reduction in comparison with the last month is the most significant for more than a year.

Building permits also dropped to an annual level of 1.984 million.

This indicator reached a minimum level since February, 2004.

As the US Department of Labor informed producer price index for finished commodity in the USA in April was up 0.9 % after growth of 0.5 % in March.

The parameter is almost in line with the economists’ forecast, who expected growth of the given index on 0.8 %.

Producer price index excluding food and energy rose 0.1 % in April as in March. Growth of the index on 0.2 % was predicted.

On Tuesday, data of the Center of research of European economy ZEW influenced negatively on the euro rate as testified to reduction in a level of business expectations in Germany.

ZEW informed that the index of business expectations in Germany in May fell to 50.0 against 62.7 in April. Falling was more strongly than it was expected because of euro strengthening and a rise in oil prices. Analysts forecast the index at a level of 60.2.

The index of industrial production in Eurozone for March made +0.4 % for a month against the previous value of 0.0 %.

Year over year the given index was up 3.8 %.

As governmental report showed the British inflation in April raised.

The office of national statistics of Great Britain informed that the harmonized consumer price index in the country in annual calculation was up 2 % against 1.8 % in March. The increase was in line with forecasts.

The prices for a month rose 0.6 % that became the greatest increase since May, 2001.

The index of inflation "RPI-X" in Great Britain for April made +2.4 % for a year against the previous value of +2.1 %.

The retail price index in Great Britain for April made +0.8 % for a month, +2.6 % for a year at the forecast of +0.6 % for a month.

The previous value of the given index made +0.4 % for a month, +2.4 % year over year.