The EUR/USD pair advanced to a fresh monthly high of 1.2145 this Thursday but retreated from the level to finish the day in the 1.2120 price zone. The dollar rose modestly in the American afternoon as Wall Street edged lower, despite upbeat macroeconomic data. Ahead of the close, US indexes bounced back, posting daily gains. Germany published inflation figures, which were upbeat. According to preliminary estimates, the April Consumer Price Index reached 2% YoY. Meanwhile, the EU April Economic Sentiment Indicator came in at 110.3, largely surpassing the 102.2 expected. In the US, the Q1 Gross Domestic Product posted ... (full story)