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The Greenback extended its recovery and printed fresh multi-day highs amidst the persistent move higher in US yields and shrinking bets of a Fed rate cut in September.<\/em><\/p>\n The USD Index (DXY) rose further and trespassed the key 105.00 barrier amidst multi-week tops in US yields. On May 30, another revision of the Q1 GDP Growth Rate is due, seconded by weekly Initial Jobless Claims, Goods Trade Balance,\u00a0and Pending Home Sales. In addition, Fed\u2019s Bostic, Williams, and Logan are due to speak.<\/p>\n EUR\/USD traded well on the defensive and challenged the 1.0800 region despite the German flash CPI ticking higher in May.The EMU\u2019s final Consumer Confidence, Economic and Industrial Sentiment and the Unemployment Rate will all be\u00a0 unveiled on May 30.<\/p>\n GBP\/USD dropped to three-day lows and pierced the 1.2700 support on the back of the stronger Dollar. April\u2019s Car Production will be the only release across the Channel on May 30.<\/p>\n Further gains in the Greenback and an extra advance in US yields prompted USD\/JPY<\/a> to climb to new highs around 157.70. In the Japanese calendar<\/a>, the usual weekly Foreign Bond Investment figures are expected on May 30.<\/p>\n AUD\/USD added to Tuesday\u2019s pullback and put the 0.6600 contention zone to the test against the backdrop of further bearishness hurting the risk-associated assets. On May 30, Building Permits are due along with the speech by RBA\u2019s Hunter.<\/p>\nHere is what you need to know on Thursday, May 30:<\/h2>\n