Positive data on retails and investment volumes could not support the dollar, dollar bull traders could not break out the strong level of support.

Retails were up 1,4 % in May compared to April - the maximal monthly growth since January, 2006 and much more above modest forecasts of growth by 0,7 %. Less auto retails grew by 1,3 % instead of expected +0,8 %.

Besides FRS report Beige Book, which Federal Reserve published in the end of trading session, showed that despite of growth of retails economy of the USA demonstrates not such strong dynamics of growth as it was predicted. 

"Reports of 12 federal reserve banks of the USA specify that economic activity has continued to raise since the middle of April till the end of May", - it is said in Beige book. Seven of 12 banks have informed that rates of rise were "moderate". The rest banks also characterized rates of growth as positive, the characteristics varied from "moderately strong" in Dallas up to "were a little bit faster" in Philadelphia.    

On the other hand data over Europe support the euro. For last years prospect for economy of Eurozone are the best, the member of ECB Governing Council Migel Anhel Fernandez Ordonez declared.

Investments will continue to grow in the Eurozone, taking into account favorable financial terms and also high profit of the companies whereas household charges will grow due to the confident increase in employment.

Inflation in the Eurozone in 2007 and 2008 will make about 2 %, but it is impossible to exclude probability of that high rates of economic growth will lead to wage-push and will strengthen ability of the companies to dictate the prices.