Not that common to see such a big jump off a slightly better than expected jobless claims number and third revision of GDP. No one usually cares about the 3rd revision. Dollar is weaker again, almost a daily phenomena. Anectodotally, there are still dollar bulls who want to try to catch a bounce and are looking for a dollar bottom. That's bad news for the contrarians looking to short the euro now.
A tangent of that weak dollar trade is the strength in commodities, which the hedge funds are piling into at the moment. Gold at $1316, it goes up slowly and steadily. I would not short that monster yet.
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