A marked slowdown in the U.S. Consumer Price Index (CPI) may trigger a short-term squeeze in EUR/USD should the development dampen the Federal Open Market Committee’s (FOMC) scope to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Despite expectations for a rate hike in mid-2015, the Fed may sound increasingly cautious and preserve its highly accommodative policy ...
- Canada Consumer Price Index (CPI) to Hold Above 2% Target for Eighth Consecutive Month. - Core Inflation to Climb Annualized 2.5% to Mark the Fastest Pace of Growth Since February 2012. Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) remains reluctant to further normalize monetary policy. What’s Expected: ...
- Euro-Zone Consumer Price Index (CPI) to Slip Back to 0.3%- Lowest Since October 2009 - Core Rate of Inflation to Grow Annualized 0.7% for Second Consecutive Month Trading the News: Euro-Zone Consumer Price Index (CPI) A further slowdown in the Euro-Zone’s Consumer Price Index (CPI) may heighten the bearish sentiment surrounding the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to implement more non-standard measures. What’s ...
Trading the News: U.S. Consumer Price Index (CPI) A downtick in the U.S. Consumer Price Index (CPI) may spark a more meaningful rebound in EUR/USD as it dampens the interest rate outlook for the world’s largest economy. What’s Expected: Why Is This Event Important: It seems as though the Federal Open Market Committee (FOMC) is in no rush to normalize monetary policy as a growing number of central ...
- U.K. Consumer Price Index (CPI) to Hold at Annualized 1.2% for Second-Month. - Core Rate of Inflation to Rebound from Lowest Reading Since 2009. Trading the News: U.K. Consumer Price Index Beyond the headline reading for U.K. inflation, an uptick in the core Consumer Price Index (CPI) may generate a near-term rebound in GBP/USD as the Bank of England (BoE) largely remains on course to normalize monetary policy in 2015. What’s Expected: ...