The performance of dollar during Thursday trades was very mixed: it gained versus the yen, but at the end of the day came out with little gaining against the euro, because the stocks went up in the morning trades and then stalled during trading in the afternoon.
Risk-sensitive currencies were more popular on Thursday, therefore, the pound of sterling and the Canadian dollar both gained against the American dollar. Due to May Day holiday in many European countries, on Thursday the market was expecting weak trades on Friday, therefore having comparatively directionless trading session.
The dominating events, influencing the market situation today are the American gross domestic product (GDP) and the meeting of FOMC. It is considered that there is very little that the Federal Reserve of the US can do, besides loosening the monetary policy of the institution for a certain period, putting the interest rates at level of 0-0.25 percent and expanding the debt of the agency.
Mexican peso, as well as other currencies of Latin American countries, has been losing their value since Monday morning because of the rapidly spreading swine flu outbreak. This concern became so important in the past two days, that it pushed into the background all other economic and political issues, influencing currency rates.