Research Team at Danske Bank, suggests that the BoE and US CPI data will be the most important economic releases for the day. Key Quotes “In Europe focus will be on the Bank of England meeting and the final inflation data for Euroland. Bank of England is expected to be on hold given the focus on the upcoming Brexit vote. In the US we have CPI data and a couple of Fed speeches. The CPI data are becoming more important as Fed's Yellen has previously stated that she needs to see that the rise in inflation 'proves durable'.” For more information, read our latest forex news.