South Africa Consumer Price Index (MoM) declined to 0.9% in April from previous 1.4%

The shared currency halted its declines and recovered from session lows against American dollar in the European morning, with EUR/USD regaining 1.11 handle. However, the major remains pressured largely on the back of a broadly stronger greenback, which added to previous gains on the back of upbeat US data. Markets are now focussing on FOMC minutes amid a data-dry EUR calendar.