The
currency pair EUR/USD declines to 2.5-month lows. The weak French economic
growth and possible additional stimulus measures by ECB in June have a negative
impact on the euro. The French GDP (preliminary) was flat in the first quarter,
from a 0.2% increase in the previous quarter. The figure of Q4 2013 was revised
down from 0.3%. Analysts had expected a 0.4% rise. On yearly basis, the French
GDP (preliminary) remained unchanged at 0.8% in the first quarter.