The Dollar rose by +0.4% and lifted the resistance at 1.1200/E to climb towards 1.1190/E.

The note seems supported by good figures because symmetrically the quantity of $ in circulation has been increasing very rapidly for 3 months: the 'balance sheet' of the FED (the portfolio of assets it holds) has just broken a new record this Thursday at 7.170 billion euros.

The dollar also rose by +0.3% against the Swiss franc and the Canadian dollar (to 1.36) and gained +1.1% against a weakened pound sterling.

On the US figures side: the Conference Board's leading indicator is back in the green for the first time in 3 months.

It rose by +2.8% to 99.8 in May after severe declines in April (-6.1%) and March (-7.5%).

There was also a good surprise with the 'Philly FED' (manufacturing activity in the Philadelphia region) which rebounded spectacularly from -44.1 to +27.5 over the current month, against -44.1 the previous month, thus marking a resumption of the growth of manufacturing activity in the Philadelphia area.

The consensus did not expect so much: it was only aiming for an index of -23! The index is thus positive for the first time since February and the start of the coronavirus crisis.

The weekly unemployment claims figures were slightly disappointing at 2:30 p.m.: the US Department of Labor announced on Thursday that it had counted 1,508,000 new registrants, compared to 1,566,000 the previous week (against 1,542,000 in the initial estimate). The consensus of economists was indeed counting on a sharp decline, to 1.3 million registrations.

The four-week moving average retreated again, to 1,773,500, down from 234,500 in the space of a week.

The Pound Sterling stands out on Thursday as the weakest currency, with a decline of -1.1% against the Dollar and -0.7% against the Euro while the Bank of England has maintained unchanged this its interest rates on Thursday (adding that there is no question of going to negative rates) but announces the extension of its government bond purchase program (+£100bn to £750bn).