BREAKING: EURUSD muted after mixed German ZEW data

10:00 AM BST, Germany - German ZEW Economic Sentiment for May:

actual 25.2; forecast 11.3; previous -14;

10:00 AM BST, Germany - German ZEW Current Conditions for May:

actual -82; forecast -77; previous -81.2;

The German ZEW Economic Sentiment came in higher than expected. However, the decline in Current Conditions was higher than forecast and dropped to -82 points. EURUSD remains muted following the publication, as investors focus on possible US CPI data.

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