Eurozone CPI, ECB Hold Loom Before US Data Drives EURUSD

Markets eye a packed Thursday with French CPI, Eurozone Q1 GDP, and flash CPI (headline at 3.0% vs prior 2.6%, core steady 2.3%) setting the stage for ECB's expected 2.00% rate hold, where Lagarde's comments could signal June hikes (priced ~80% odds, 82bps tightening). Yesterday's Spanish/German CPI previews, BoC hold at 2.25%, and Fed steady at 3.50-3.75% with Powell's remarks primed FX volatility, now escalating with BoE's 3.75% hold and US ECI (0.8% expected) plus claims (~212k). Central bank rhetoric and hotter-than-expected inflation data promise sharp EURUSD swings tied to hawkish surprises.