The headline US consumer inflation report has been stronger than anticipated with a 0.5percent improve, but the inherent growth was lower than anticipated at 0.1percent. There'll not be any strain to get a Fed policy. Housing starts remained company with just a 0.1% decrease to 2.04mn. The instant dollar consequences are combined with first resistance at 1.23 from the Euro, but the buck has the possibility for a different push stronger following a short term correction.

Analysis provided by http://www.fxtoday.co.uk