High-volatility focus: Wednesday to Friday. The main market catalysts this week are the U.S. CPI report, the ECB monetary policy decision and press conference, the U.S. PPI report, and the UK GDP-related releases on Friday.

Critical for pairs: EUR/USD — U.S. CPI and ECB decision; GBP/USD — U.S. CPI and UK GDP data; AUD/USD — U.S. inflation data and general risk sentiment; NZD/USD — U.S. inflation data and general risk sentiment; USD/CHF — U.S. inflation data and safe-haven flows.

Monday, June 8
USD / EUR / GBP / AUD / NZD / CHF — No major top-tier scheduled releases from the tracked economies. The market is likely to digest Friday’s move and position ahead of Wednesday’s U.S. inflation data.

Tuesday, June 9
USD / EUR / GBP / AUD / NZD / CHF — No major top-tier scheduled releases from the tracked economies. Price action may remain relatively technical before the midweek macro events.

Wednesday, June 10
USD — Consumer Price Index (May), Real Earnings.
This is one of the key volatility days of the week for all USD pairs.

Thursday, June 11
EUR — ECB monetary policy meeting and press conference.
USD — Producer Price Index (May).
This is the second major volatility day of the week, especially for EUR/USD and USD/CHF.

Friday, June 12
GBP — GDP monthly estimate (April), Index of Production, Index of Services, UK Trade.
This day is especially important for GBP/USD and may also affect overall European currency sentiment.

Tags: USD, EUR, GBP, AUD, NZD, CHF