German inflation managed to pick up but inflation and growth in the Euro area continue to be under strain. EURUSD awaits key US data for direction.
The initial May Eurozone inflation report us due on Tuesday, June 4 at 09:00 GMT.
Euro traders will be watching tomorrows ECB rate decision and listening for key commentary from officials following the release of Eurozone GDP.
The Euro may experience some pain tomorrow as Eurozone and German GDP is scheduled to be released. The risk of a EUR/USD selloff is potentially