The Day AheadEURO VS US DOLLARTRADENATION:EURUSDTradeNationMarkets will be watching several economic releases today, with the main attention on the US University of Michigan Consumer Sentiment Survey for June. Traders will focus on consumer confidence and, particularly, inflation expectations, as these can influence views on future Federal Reserve policy. Other notable releases include: UK April GDP – A key indicator of economic momentum and the health of the British economy. Japan April Capacity Utilisation – Provides insight into industrial activity and manufacturing demand. Canada Q1 Capacity Utilisation Rate – Measures how fully businesses are using their productive capacity, offering clues about economic strength and inflation pressures. Central Bank Speakers Joachim Nagel (ECB Governing Council member) Boris Vujčić Kocher (speaker listed on today's ECB schedule) Markets will listen for any comments on inflation, growth prospects, and the outlook for future European Central Bank interest rate decisions. Bottom line: The US Michigan survey is likely to be today's most market-moving event, especially the inflation expectations component, while UK GDP data will be important for sterling and UK assets. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.