Eurozone PPI YoY for April came in -5.7% vs -5.3% exp. and -7.8% previously
- Monthly reading came in -1% vs. exp. -0.65% and -0.4% previously
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨
Morning Wrap - Key Information to Start Your Day 💡