After some stabilization the dollar exchange rate again grew against the basic currencies. Strengthening of the American currency was promoted by data on new home sales in the USA, which exceeded forecasts.

These data have supported probability of the further rates increase in the USA.

Drop in the world prices for oil and metals also supports a dollar exchange rate.

As the US Department of Commerce informed new home sales rose unexpectedly in April up to the maximal indicator for this year.

So, new home sales in the USA for April made 1198000 at the forecast 1110000.

March parameter has been revised from 1213000 up to 1142000.

However, data on durable orders in the USA have put pressure upon a dollar exchange rate.

As the US Department of Commerce durable orders decreased 4.8 % in April, after growth of 6.6 % in March.

Decrease was 0.6 % more than falling predicted by analysts.

In turn, data of IFO institute have supported a rate of the single European currency.

So, business index of German IFO institute for May made 105.6 against the previous value 105.9.

The indicator was better than the expected level. Analysts expected more significant drop in the index up to 105.1.

As German federal cabinet of statistics informed the import prices for April were up 1.3 % for a month.

Except for crude oil and mineral oil the import prices for April were up 3.8 % y/y and 0.2 % m/m.

The prices for German export were 0.5 % above in April and concerning March were up 2.4 % y/y.

Industrial outputs in Great Britain in May continued to increase, and export orders index reached the highest level since February, 1996.

As the Confederation of the British industry informed the industrial production index in May dropped to value of +10 in comparison with +12 in April.

The primary factor, promoted continuation of growth of industrial production, became significant rise of export orders.

Yesterday Bank of Canada Board decided to raise the basic interest rate in the country by 0.25 % at the meeting. The overnight rate now makes 4.25 %. The given decision was expected by the majority of economists.