Forex news from the European trading session – 18 May 2021
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities a little higher; S&P 500 futures up 0.2%

According to a French health ministry official
That is the highest level since the vaccination campaign began. As of 16 May, roughly 30% (20.3 million) of the French population has at least received one dose of the vaccine with around 13.4% (8.9 million) of the population being fully vaccinated.

GBP/USD climbs to a high of 1.4219, targets the February high at 1.4241
The dollar continues to wilt across the board as the technical plays extend across multiple pairs at the moment. Of note, EUR/USD is looking to hold a break above 1.2200 and GBP/USD as seen above, is starting to look towards the highs for

Latest data released by Eurostat – 18 May 2021

Latest data released by Eurostat – 18 May 2021
here

COVID-19 case rise in Asia give risk off bias
– Post-links Paragraph Text Here, don’t forget an image.
The TAIEX (Taiwan’s stock index) was sharply lower on the Asian session handover and that was down to regional COVID-19 breakouts and containment measures. The Hang Seng and Shanghai Composite were both higher after the PBoC injected funds through

From Friday
Last Friday the University of Michigan consumer sentiment marked a sharp spike higher in inflation expectations. . 
Adam flagged it at the time and the worry that may start to cause the Fed

Via Reuters
George Soros’s investment firm, Soros Fund Management, bought shares of ViacomCBS, Discovery Inc, and Baidu Inc as they were being sold off during the collapse of Bill Hwang’s Archegos Capital Management according to Bloomberg on Saturday.

Decision time. 
For medium term gold traders this key trend line. 
is the
If you believe that high inflation is coming there and gold alongside gold mining stocks could be about to break out higher. For those who are hyper gold bulls then go with the break of this trend line and stay long as long

Hope on lockdown’s being eased
Prior guidance had restrictions in place until at least May 18.