In European trading, the euro fell against the US Dollar, trading below the 1.1380 mark.
The EUR/USD currency has retreated slightly in the European market, as safe - haven demand rises for the US dollar as trade worries persist. In Europe, German GDP for Q1 was released with data being in line with expectations (0.2%) and German CPI for April (2.0% exp) will be released (13:00 GMT+1). In the US, ADP Nonfarm Employment Change for April (123k exp) will be released (13:15 GMT+1), GDP for Q1 (0.4% exp) will be posted (13:30 GMT+1) and Core PCE Price Index for March (2.6% exp) will be posted (15:00 GMT+1).