[Commerzbank: The European Central Bank Needs to Send a Strong Rate Hike Signal to Boost the Euro] Jin10 News, June 5 – Commerzbank stated that the European Central Bank needs to signal that its rate hikes could exceed market expectations in order to trigger a significant rebound in the euro. Considering that slightly fewer than three rate hikes are expected this year, this will be very challenging. The European Central Bank may raise rates next Thursday and could hint at a second rate hike. However, a stronger rate hike signal would require new forecasts showing a significant increase in inflation risks, which seems unlikely. Ending the Iran war would provide a greater boost to the euro, while the European Central Bank may still proceed with rate hikes in the meantime.