The EURUSD pair is losing ground following the publication of CPI data from the German states. The monthly figures point to a strong fall in inflation and ongoing macroeconomic problems in one of the world's major economies.
Although we do not yet know the data from all states, the trend is already apparent. EURUSD is losing heavily after publication.


Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD
USDJPY: another intervention by Japanese authorities, yen gains 1.00% ๐
Economic calendar: ADP report and PMI data from Europe ๐
Morning wrap (06.05.2026)