Portugal Consumer Price Index (YoY) falls to 0.2% in Apr; 0% (MoM)

The EUR/USD has turned positive, despite earlier setbacks that dragged the cross into the depths of 1.2952 (intraday low) Monday. However, this weakness proved to be short-lived, with the pair now modestly rising to 1.2978/79 in these moments, en route to a +0.05% gain during European trading.