ForexLive European FX news wrap: Dollar lightly changed in mixed trading ...Middle East

Headlines:A snoozer for major currencies to start the sessionThe strong US PMIs spooked the markets. Was it justified?ECB's Schnabel: A June rate cut is likelyECB's Nagel: The probability of a June rate cut is increasingUK April retail sales -2.3% vs -0.4% m/m expectedGermany Q1 final GDP +0.2% vs +0.2% q/q prelimFrance May business confidence 99 vs 99 priorDollar selling the flavour for this month-end - BarclaysOfgem announces that energy price cap will fall to £1,568, starting from JulyChina continues military drills in Taiwan Strait, mock missile strikes conductedOPEC+ meeting at the start of June to be a virtual oneMarkets:EUR leads, CHF lags on the dayEuropean equities lower; S&P 500 fu

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