With US markets closed for Memorial Day activity was on the quiet side.
FX is not completely closed on market holidays, there are desks operating with reduced staff levels. The session after Europe closed was quite today, but Adam had items posted, so as an ICYMI:
- EU election results highlight the trend towards fragmentation
- Oil comes to life as Brent nears $70
- ECB's Hansson: Should be less-generous in TLTRO pricing
- Italy will seek a seat on ECB's executive board after Draghi leaves and push for fresh QE
- Euro dips on brewing EU-Italy budget battle
- EU commission may open discipline process for Italy budget, risking $4B fine
- Holidays in the UK and US will keep a lid on things but here are 5 things to watch
- Kuwait oil minister says it's premature to say if output curbs will be extended in June
During Europe the prize for mover of the day to AUD/CHF (unless you've got one you think deserves the prize? Post a chart in the comments if you do! ps. ICYMI - we have free charts at Forexlive - link)
