Terrible US GDP
US published mixed statistics on Wednesday. Nonfarm payrolls by ADP came much better than expected: 220K versus forecasted 203K, March reading revised up to 209K.
However, the main event of the day was the US Q1 GDP. Data came out MUCH worse than expected: economy added only 0.1% vs. forecast 1.2% and 2.6% in Q4. EUR/USD jumped to $1.3870 on the news.
Waiting for the Fed monetary policy announcement at 18 GMT.