EUR/USD extends losses after US durable goods

The EUR/USD fell to fresh daily lows and turned intraday negative after US durable goods orders for April came stronger than expected.
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EMEA EM Express: Hungarian central bank cuts rates again in May, Bank of Israel on hold

The Hungarian central bank, which held its monetary policy meeting on Tuesday continued the easing cycle in May by cutting its main interest rate for the 22nd running month to a record low of 2.4%, in line with forecasts.
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