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- US consumer prices rose in April by the most since 2009
- Extended pullback pressures the top of thick daily cloud
- UK economy grew more than expected in March
- Mixed signals point to extended sideways mode, bullish bias above 1.41
- Gold remains elevated by weak dollar; US inflation data eyed for fresh signals
- Bullish bias intact above 1.21 support but risk of stall exists
- German investor morale rises to the highest in over twenty years in May
- Bulls hold above 1.41, on course for 1.42+ extension
- Bears are consolidating above 90 support zone before resuming towards 2021 low
- Fresh demand concerns deflate oil prices