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The euro rose sharply in New York trading hours as the statement eased worries over the euro. The 16-nation single currency rose to a session high just under 1.2400 dollars before giving back some gains.
The U.S. real GDP grew 3.0 percent in the first quarter, according to the second estimate by the Bureau of Economic Analysis of the U.S. Commerce Department. U.S. initial jobless claims fell 14,000 to 460,000 last week, the Labor Department reported. Both reports were weaker than expected but still suggesting steady recovery.
Measures announced by European countries to tackle fiscal problems point "in the right direction," IMF chief Dominique Strauss-Kahn said on Thursday. He also said there were good reason to believe that the European economy will "come back on track rapidly". Kahn forecasted a 3.0 percent growth of U.S. economy this year, and 1.0 percent to 1.5 percent growth for Europe.
The euro buy 1.2360 dollars in late New York trading compared with 1.2192 dollars it bought late Wednesday. The pound rose to 1.4581 dollars from 1.4383 dollars. The dollar fell to 1.0498 Canadian dollars from 1.0682 Canadian dollars, and fell to 1.1521 Swiss francs from 1.1593 Swiss francs. It rose to 90.93 Japanese yen from 89.94 Japanese yen.