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FX Headlines: European Data Watch for July 15, 2013

FX Headlines: European Data Watch for July 15, 2013

2013-07-15 07:36:00
Christopher Vecchio, CFA, Senior Strategist
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EUROPEAN FX HEADLINES: WEEK OF JULY 14

- British Pound Rebound to Accelerate on Faster Inflation, BoE Minutes

- Gold Rally at Risk Ahead of Fed’s Beige Book, Bernanke Testimony

- Lingering Portuguese Problems Weigh on Euro amid Light Docket

EURO-ZONE ECONOMIC CALENDAR

There are no data on the Euro economic calendar for Monday, July 15.

See the Euro economic calendar for the week of July 14 to 19.

UK ECONOMIC CALENDAR

There are no data on the British Pound economic calendar for Monday, July 15.

See the British Pound economic calendar for the week of July 14 to 19.

SWISS ECONOMIC CALENDAR

FX_Headlines_European_Data_Watch_for_July_15_2013_body_Picture_1.png, FX Headlines: European Data Watch for July 15, 2013

Swiss data was light this morning with only some ‘low’ tiered inflation data showing that SNB policy may be finally starting to turn the tides in terms of price pressures. Like the BoJ, the SNB is seeking to foster inflation by keeping its currency weak; and the EURCHF floor that’s been in place at Sf1.2000 since September 6, 2011, is the policy tool being used to accomplish. Ultimately, these data on a standalone basis should amount to little.

See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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