*U.S. Dollar Advances To 1-week High Of 1.2707 Against Pound

*U.S. Dollar Rises To 1-month High Of 1.0748 Against Euro

Swedish Economy Contracts For Second Month; Industrial Output Falls

*Turkey Apr Industrial Output Falls 0.7% On Year Vs. +4.6% In March

*Turkey Apr Industrial Output Down 4.9% M-o-M Vs. -0.1% In March