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EU summit: no deal yet, Market awaits US CPI

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events EU summit in focus (by Arnaud Masset) The Brexit story continues to be at the front stable as little progress have been made so far. In the wake of last Tuesday’s disappointing inflation report - CPI printed at -0.8%m/m versus -0.7% expected but matched estimates on a year-over-year basis, while the core gauge slip to 1.2%y/y versus 1.3% expected - the pound sterling continues to suffer from this highly uncertain situation as GBP/USD was stuck under the 1.45 threshold

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