Markets Today - 16 May 2017 - EURUSD consolidates above 1.10
US CPI Inflation figures come in weaker, dragging USD lower; Markets Shrug Off North Korea's missile launch on Sunday; Saudi Arabia & Russia agree to extend production freeze through March 2018
-US Dollar under pressure
-EURUSD tops 1.10 amidst strengthening expectation of a hawkish ECB
-UK Inflation increases more than expected