- Sellers 0.9100
- Stop loss buyers above 0.9080
- Sellers 0.9070/80
- Some Sellers 0.9050, stops building above (will be taken out on a good HSBC Flash result)
- Buyers 0.8970/75, mingled with stops
- Some buying 0.8930 and 0.8950
- Buyers 0.8900/10
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Spain inflation eases a little in April but still much higher than before US-Iran conflict
- USD/JPY flirts with a key upside breakout as yen's intervention-led gains continue to fade
- What are the main events for today?
- UK Q1 preliminary GDP +0.6% vs +0.6% q/q expected
- UK March monthly GDP +0.3% vs -0.2% m/m expected
- FX option expiries for 14 May 10am New York cut
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