Trading volatility: EURUSD to move around US CPI inflation data?

The big risk event to volatility in the coming week will doubtless be on Wednesday 15 May with US inflation data. The Fed believes, in increasing measure that US data is going to hold up even in the face of high interest rates. Headline rate forecast to stay at 3.5% core forecast to drop from 3.8 to 3.5% - could the risk be to the upside? IGTV’s Jeremy Naylor looks at EUR/USD.
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