The dollar declined significantly against most major currencies after data from the Conference Board showed that by the end of April, consumer confidence has grown significantly ahead with the experts' forecasts. According to the report, this month's consumer confidence indicator rose to the level of 68.1, compared with a revised downwards index for March at 61.9, while the originally reported value at 59.7. Note that the April figure was the highest since November 2012. According to the average forecasts of experts, this indicator had improved to the level of 60.6. Moreover, the data showed that consumer expectations for economic activity in the next six months, rose nearly 10 points to 73.3, compared with a revised figure for the last month at 63.7 (initially reported on the index at 60.9.) Note that the index, which measures current economic conditions rose to 60.4 from a revised figure for March at 59.2.

Value of the pound rose today, registering its biggest monthly gain against the dollar since October 2011, as the report showed that in March, British banks have issued more loans to buy homes than analysts predicted, adding to signs that the economy is improving. As it became known that the number of mortgage approvals in March amounted to 53,504 against 51,947 in February, and net consumer credit rose in March to 923 million pounds (1.43 billion dollars) against a 1.3 billion pounds in February. Lending companies continued to decline. Lending to non-financial companies fell in March to 554 million pounds, while lending to small and medium-sized businesses fell by 117 million pounds. The data indicate that the joint program of the Bank of England and the Treasury, designed to stimulate lending in the country, has no effect on the companies. Authorities fear that it will deter investment and spending. Meanwhile, we note that the money supply increased in March. M4 money supply, which does not take into account the cash circulating in the financial system, increased by 0.3% compared to February and by 4.5% compared with the same period last year.

The Canadian dollar was higher against the U.S. dollar after the data presented showed that the GDP of Canada in February rose by 0.3%, driven by increased activity in the mining and oil exploration sector. Activity in the manufacturing sector in Canada in February rose a second straight month. Thanks to the return of professional hockey in the sub-sector, entertainment, recreation and the arts was an increase of 3.3%. Economists had expected GDP growth of 0.2% in February. Experts say that after weak growth in the second half of 2012, Canada's economy is slowly returning to the path of recovery in early 2013. But even if the GDP will remain unchanged in March, Canada's GDP growth in Q1 could reach 2.3% compared with the same period last year.

EUR/USD $1.2900, $1.3050, $1.3090, $1.3095, $1.3100

USD/JPY Y97.50, Y97.95, Y98.00, Y98.20, Y98.35, Y98.50, Y99.00

EUR/GBP stg0.8475

USD/CHF Chf0.9425

AUD/USD $1.0260, $1.0290, $1.0330, $1.0350, $1.0400

USD/CAD C$1.0150

EUR/USD

Offers $1.3170/80, $1.3145/50, $1.3135, $1.3120/30, $1.3090/100

Bids $1.3055/50, $1.3030/10, $1.3000, $1.2980, $1.2960/50

GBP/USD

Offers $1.5600/10, $1.5575/85, $1.5550

Bids $1.5460/50, $1.5430/20, $1.5410/00

AUD/USD

Offers $1.0500, $1.0475/80, $1.0450, $1.0420, $1.0395/00, $1.0380

Bids $1.0330, $1.0310/00, $1.0265/60, $1.0250

USD/JPY

Offers Y98.45/50, Y98.30, Y98.10/15, Y97.80/85

Bids Y97.30, Y97.20/00, Y96.80, Y96.55/50

EUR/JPY

Offers Y128.75/80, Y128.45/50, Y128.15/20, Y127.80/85

Bids Y127.30, Y127.00, Y126.55/50, Y126.20, Y126.10/00

EUR/GBP

Offers stg0.8580/85, stg0.8530/35, stg0.8500/05, stg0.8480/85

Bids stg0.8360/50

EUR/USD $1.2900, $1.3050, $1.3090, $1.3095, $1.3100

USD/JPY Y97.50, Y97.95, Y98.00, Y98.20, Y98.35, Y98.50, Y99.00

EUR/GBP stg0.8475

USD/CHF Chf0.9425

AUD/USD $1.0260, $1.0290, $1.0330, $1.0350, $1.0400

00:00 China Bank holiday

01:00 Australia Private Sector Credit, m/m March +0.2% +0.3% +0.2%

01:00 Australia Private Sector Credit, y/y March +3.4% +3.1% +3.4%

01:00 New Zealand ANZ Business Confidence February 34.6 32.3

05:00 Japan Housing Starts, y/y March +3.0% +6.3% +7.3%

The dollar traded 0.2 percent from a one-week low versus the euro before the Federal Reserve begins a two-day meeting amid bets it will maintain its quantitative easing bond purchases for the foreseeable future. The greenback is poised for its first monthly drop since January versus the euro ahead of a U.S. report tomorrow forecast to show private employers added the fewest jobs in six months. Private employment rose by 150,000 in April after gaining 158,000 the previous month, data from the Roseland, New Jersey- based ADP Research Institute will probably show tomorrow, according to the median estimate of economists surveyed by Bloomberg News. U.S. payrolls increased by 150,000 workers after an 88,000 gain in March, a separate survey forecasts before a May 3 Labor Department report.

The yen fell against a majority of its most-traded counterparts, adding to monthly declines, as an advance in Asian equities boosted demand for higher-yielding assets. Japanese industrial output grew less than estimated, bolstering the case for continued BOJ action. Data from the trade ministry showed production climbed 0.2 percent in March, less than the median 0.4 percent forecast in a Bloomberg survey.

New Zealand's currency, nicknamed the kiwi, slid against all of its 16 major peers after the statistics bureau said home building approvals fell 9.1 percent in March compared with the median forecast for a gain of 2 percent.

EUR/USD: during the Asian session the pair traded in the range of $ 1.3080-00

GBP/USD: during the Asian session the pair fell to $ 1.5475

USD/JPY: during the Asian session the pair rose to Y98.15

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3092 +0,48%

GBP/USD $1,5492 +0,13%

USD/CHF Chf0,9371 -0,62%

USD/JPY Y97,83 -0,21%

EUR/JPY Y128,09 +0,30%

GBP/JPY Y151,55 -0,11%

AUD/USD $1,0344 +0,65%

NZD/USD $0,8555 +0,91%

00:00 China Bank holiday

01:00 Australia Private Sector Credit, m/m March +0.2% +0.3%

01:00 Australia Private Sector Credit, y/y March +3.4% +3.1%

01:00 New Zealand ANZ Business Confidence February 34.6

05:00 Japan Housing Starts, y/y March +3.0% +6.3%

06:00 Germany Retail sales, real adjusted March +0.4% -0.2%

06:00 Germany Retail sales, real unadjusted, y/y March -2.2% -1.4%

06:00 Germany Gfk Consumer Confidence Survey March 5.9 5.9

06:45 France Consumer spending March -0.2% +0.2%

06:45 France Consumer spending, y/y March -2.9% -0.1%

07:55 Germany Factory Orders n.s.a. (YoY) April 13 2

07:55 Germany Unemployment Rate s.a. April 6.9% 6.9%

08:30 United Kingdom Net Lending to Individuals, bln March 1.5 1.3

08:30 United Kingdom Mortgage Approvals March 51.7 52.7

09:00 Eurozone Harmonized CPI, Y/Y (Preliminary) April +1.7% +1.6%

09:00 Eurozone Unemployment Rate March 12.0% 12.1%

12:30 Canada Industrial Product Prices, m/m March +1.4% 0.0%

12:30 Canada Raw Material Price Index March +2.2% +0.1%

12:30 Canada GDP (m/m) February +0.2% +0.2%

12:30 U.S. Employment Cost Index Quarter I +0.5% +0.5%

13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y February +8.1% +9.0%

13:45 U.S. Chicago Purchasing Managers' Index April 52.4 52.5

14:00 U.S. Consumer confidence April 59.7 60.6

20:30 U.S. API Crude Oil Inventories April -0.9