NY opened near 1.0795, hit 1.0767 on EBS after US April PPI hit the wires
Headline number drove the spike lower but investors then looked at revisions
Significant downward revisions erased gains for yields US2YT=RR, US$
USD/CNH fell to 7.2355 & gold <xau+> rallied as risk sentiment improved</xau+>
EUR/USD erased the post-data drop, turned positive, hit 1.08255 on EBS
Remarks from Fed Chair Powell did nothing to deter EUR/USD bulls
Rally stalled near daily cloud base, pair near 76.4% Fib 1.0885-1.0602 late
Rising daily, monthly RSIs, move above 55- & 200-DMAs are bull signals
April CPI & retail sales due Wed., downbeat data may sink US yields, US$
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