Relatively upbeat comments from Fed Chair Janet Yellen sent the dollar higher ahead of a long weekend for many traders and now liquidity is quite thin on US and UK holidays. There is no rest for the euro-zone, where inflation figures are released from various countries ahead of the ECB meeting later this week. Also watch out for USD/JPY after the weekend news and ahead of important economic releases.
Wrap of the morning show for Monday, May 30th: