Italy Consumer Price Index (EU Norm) (YoY): -0.1% (April)

FXStreet.com (Barcelona)

EUR/USD turns negative on EMU GDP

The European currency is easing further on Wednesday, now pushing EUR/USD to the 1.1215/10 area...
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BoE QIR preview: UK rates might remain on hold until May 2016 – Rabobank

Jane Foley, Senior Currency Strategist at Rabobank, believes that in today’s Quarterly inflation report, the Bank of England might not rush in for a rate hike and remain on hold until May 2016, and further forecasts GBP/USD to spend much of H2 2015 around 1.50 levels.
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