Eric Feigl-Ding

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Further gains lifted #EURUSD to four-day highs around 1.0870 amidst a renewed selling bias in the #US #Dollar.

Wholesale Prices in
#Germany are due on May 28 along with the #ECB’s #Schnabel speech.


#GBP/USD accelerated its gains beyond the 1.2700 barrier and hit a new two-month tops following the weaker #Greenback. The #CBI Distributive Trades are expected on May 28.

Price action around
#USD/JPY remained flat near the 157.00 hurdle following a solid performance of #JGB 10-year yields. There are no scheduled releases in “The Land of the Rising Sun” on May 28.

A solid session saw
#AUD/USD advance to three-day highs near 0.6660 amidst the softer #Dollar and an improved tone in the commodity complex. Flash #Retail #Sales are next on tap in #Oz on May 28.

#Gold prices edged higher and surpassed the $2,350 mark per troy ounce, adding to Friday’s small uptick.

#Silver followed suit and rose markedly more than 4% to surpass the $31.00 mark per