United Kingdom CBI Distributive Trades Survey - Realized (MoM) above expectations (17) in May: Actual (51)

FXStreet.com (Barcelona)

May 26, 2015

DAX slips on Greek woes

Germany’s benchmark index, the DAX opened on a stronger note with a positive gap of 40 points. But the gains were quickly wiped out and the index fell in red as markets shifted their focus on Greece updates amid a data-empty EUR calendar.

USD/CHF eases-off monthly highs, back below 0.9500

The US dollar prolongs its upward trajectory versus the Swiss franc, albeit retreated from one month peak during the mid-European session, with USD/CHF back below 0.95 handle, largely on the back of a broadly stronger US dollar driven by signs of US economic recovery gathering pace after upbeat US inflation print.