$BTC

Here's what you need to know on Thursday, May 15:

The US dollar (USD) is struggling to find demand at the start of the European session on Thursday after a volatile move on Wednesday. The European economic agenda will include a review of GDP growth data for the Eurozone for the first quarter. Later in the day, PPI data, retail sales, and initial weekly unemployment claims from the United States will be closely monitored by market participants. Additionally, Federal Reserve Chairman Jerome Powell will deliver a speech on the review of the Federal Reserve's framework at the Thomas Laubach Research Conference in Washington, D.C.