XM's video: Eurozone inflation to heat up again can it add more fuel to euro s rally

The Eurozone’s flash estimates for May inflation are scheduled to be released on Tuesday (09:00 GMT) as the European Central Bank ponders how quickly to exit negative rates. The June 9 policy meeting is fast approaching and with some Governing Council members arguing for a 50 basis point rate hike, the data could influence how fast the ECB moves in normalizing policy. It could also be important for the euro, which has rebounded impressively against the US dollar but may struggle to make additional gains without fresh impetus. 0:00 Intro 0:15 EU Inflation 1:38 ECB 2:38 Euro For more information on the topics discussed in this video, including detailed charts and tables, read the full Daily Market Comment article: https://www.xm.com/research/analysis/forexPreviews/xm/eurozone-inflation-to-heat-up-again-can-it-add-more-fuel-to-the-euros-rally-forex-news-preview-161354 Risk Warning: 73.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning. Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis. In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.