In view of analysts at Rabobank, today we certainly have an inflation-centric day and in the UK it’s CPI, seen up 0.2% m/m and 2.0% headline y/y, 1.9% core.

Key Quotes

“We also have March final Eurozone CPI, expected 1.4% y/y headline and 0.8% core. And we additionally get Canadian CPI for March, where consensus is 0.7% m/m and 1.9% headline, as well as 1.8% y/y core, median, and trim.”

“In the US the main release is instead the trade balance for February, expected to widen again to -USD53.4bn. There is also wholesale inventories, seen up 0.3% m/m.”

“Central-bank-wise, we have the BoE’s Carney speaking, the ECB’s Lautensclaeger, and from the Fed it’s Harker, Bullard (speaking at a Hyman Minsky conference, which is deeply, deeply ironic – though maybe he might learn something useful while there?), and finally Logan.”

“We also get the Fed’s Beige Book, where we get to see what the latest temperature-take of the US economy is from their perspective.”


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD trims early gains, dangerously close to 1.1200

The positive tone of the pair fades in the American afternoon as demand for the dollar resumes, despite softer-than-expected US data. All eyes on the Fed this week.


GBP/USD extends decline, pierces 1.2550

Despite moving in slow-motion, GBP/USD decline is continuous with the pair trading at levels last seen in January, amid political uncertainty weighing on Sterling.


USD/JPY remains directionless above mid-108s on Monday

The USD/JPY pair is struggling to make a decisive move in either direction on Monday as the slightly upbeat market sentiment doesn't allow the safe-haven JPY to gather strength.


Gold remains on track to close with small losses below $1340

The XAU/USD pair, which closed higher on the weekly chart for the fourth straight time last week, is fluctuating in a relatively tight range on Monday amid a lack of significant fundamental drivers that had a lasting impact on the greenback's market valuation or the risk perception.

Gold News

Gold: Signs of bullish exhaustion ahead of the Fed

Gold's rally seems to have run its course with signs of bullish exhaustion emerging on technical charts ahead of Wednesday's FOMC (Federal Open Market Committee) rate decision.

Read more