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#CINews Episode 206: US Consumer Price Index Highlight of the Week

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Last week’s major winner was the Euro as the main news was that the ECB is set to scale back their programme of Q.E in the future. As such at the end of the week, we saw the Euro strengthen and steal some ground against both the Pound and the USD. This week is a quiet week in terms of data from the Pound, however, that doesn’t mean we expect rates to stay flat. On Tuesday we have the Spring budget report, and whilst typically budgets don’t really move currencies, given how flat rates have been for GBP/EUR this could see the market move. However, it’s really the USD that takes centre stage this week as we see inflation data, retail sales and housing data released. The Euro like the Pound has few releases of note however, we do have a speech from ECB President Mario Draghi on Wednesday and also most notably inflation data on Friday. Full Report: http://www.currencyindex.co.uk/us-consumer-price-index-highlight-week/ For the latest money transfer news you can also: - Find us on Facebook: http://facebook.com/CurrencyIndex - Follow us on Twitter: http://twitter.com/CurrencyIndex - Subscribe to us on this YouTube channel: http://goo.gl/IkXhuI
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