Forex Daily Outlook – January 15th 2010

January 15th, 2010 admin

On the last day of the week, there are two major US releases: CPI and Consumer Sentiment, among other figures. Let’s see what’s up for today: German WPI started the day with a disappointing rise of only 0.2%. Yesterday’s final CPI figure compensates for it. The more interesting inflation release is later: CPI for the whole continent is expected to rise by 0.9%, confirming the initial read. Core CPI is expected to rise by 1%. The numbers are annualized. For more on the Euro, read the EUR/USD forecast . British CB Leading Index is due later. Britain probably got out of recession, at least according to the unofficial NIESR GDP estimate. This helps the Pound rise nicely. Read the British Pound forecast for more. In the US, CPI is expected to show that prices continue…


Originally posted on ForexCrunch

 
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