ForexLive European FX news wrap: Dollar steady, franc gains on Swiss inflation beat ...Middle East

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ForexLive European FX news wrap: Dollar steady, franc gains on Swiss inflation beat
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Headlines:Swiss franc gains after inflation data beatSwitzerland April CPI +1.4% vs +1.1% y/y expectedBOJ accounts suggest Japan intervened in FX market on 1 MayJapan top currency diplomat says cannot overlook excessive FX movesEurozone Final April Manufacturing PMI 45.7 vs. 45.6 expectedSwiss April Manufacturing PMI 41.4 vs. 45.5 expectedSwiss March Retail Sales Y/Y -0.1% vs. 0.2% expected and 0.2% prior.US April Challenger layoffs 64.79k vs 90.31k priorOECD upgrades global growth forecast on stronger US outlookOPEC+ reportedly could extend voluntary cuts beyond Q2Markets:CHF leads, JPY lags on the dayEuropean equities mixed; S&P 500 futures up 0.6%US 10-year yields up 1.3 bps to 4.603%Gold

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