ForexLive European FX news wrap: Light changes amid holiday-thin markets ...Middle East

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ForexLive European FX news wrap: Light changes amid holiday-thin markets
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Headlines:Market holidays make for a slower start to the new weekGermany May Ifo business climate index 89.3 vs 90.4 expectedSNB total sight deposits w.e. 24 May CHF 461.2 bn vs CHF 467.4 bn priorECB's Rehn: The time is ripe to start cutting rates in JuneECB's Lane: There is enough in what we see to start interest rate cutsJapan maintains overall economic assessment for the month of MayChina's Politburo says financial risks a major hurdle that must be overcomeMarkets:NZD leads, USD lags on the dayEuropean equities a touch higherGold up 0.4% to $2,343.61WTI crude up 0.6% to $78.18Bitcoin down 0.7% to $68,400It was a quiet session for the most part as markets are having to deal with long weeke

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