The Euro and the British Pound may rise as inflation and sentiment data chips away at expectations for an expansion of ECB and BOE monetary stimulus efforts. Talking Points British Pound May Rise as CPI Inflation Hits a 14-Month High Euro Has Scope Read More →

Dollar Little Moved, S&P 500 Extends 8 Day Rally Ahead of Bernanke Euro Refuses to Cave Despite EFSF Downgrade, Lingering Portuguese Fears British Pound: CPI Expected to Return to 3.0% - What Will the BoE Do? Australia Dollar Ignores Chinese 2Q GDP but Read More →

Trading the News: U.K. Consumer Price Index What’s Expected: Time of release: 07/16/2013 8:30 GMT, 4:30 EDT Primary Pair Impact: GBPUSD Expected: 3.0% Previous: 2.7% DailyFX Forecast: 2.9% to 3.2% Why Is This Event Important: The headline reading for U.K. inflation is expected to increase an annualized 3.0% Read More →

ChartCreated Using FXCM Marketscope 2.0 Technical Outlook EURUSD Objectives at 1.2877/88 triggered earlier in the month- Rebound failed at April high Near-term may see Read More →