Japan Merchandise Trade Balance Total came in at ¥-115.8B, below expectations (¥227.1B) in April

EUR/USD caught a bounce for a second day in a row on Tuesday, bolstering the pair back toward the 1.1300 handle. Despite a near-term rise in bullish momentum bolstering the Fiber, EUR/USD remains well back from recent multi-year highs near 1.1575.