Dollar gains accross the board as Apr-Mar sales were revised massively higher.
Even if May CPI prints +0.5%, the sales revisions imply consumption is
now tracking a plus rather than a subtraction from real GDP. This
alters the outlook significantly, tilting it towards growth.
EUR/USD bids between have been filled $1.5400/1.5390, more remain at $1.5385/80 ahead of
$1.5365. Offers now seen placed between $1.5455/62, more between
$1.5490/00.