EUR/USD may be gently making its way to the March lows at 1.0515/0530 – ING EURUSD Eurozone ConsumerConfidence Banks
“We will also hear from a raft of ECB speakers today. Expect more hawkish rhetoric especially in advance of the May eurozone CPI data on Thursday. Consensus expects core eurozone CPI to edge lower to 5.5% YoY in May. Another upside surprise here – feeding the sticky inflation narrative – warns that investors could return to pricing a 4.00% ECB deposit rate.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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