Portugal Consumer Price Index (YoY) unchanged at -0.4% in June

FXStreet.com (Barcelona)

Jul 10, 2014

Drift in oil prices continues

Independent Analyst Malcolm Graham-Wood observes that the drift in oil prices continues, as short term stability has the upper hand over uncertainty with exports from Iraq being maintained and added to by Libyan crude slowly reaching markets.

GBP/USD drops on disappointing UK trade balance data - FXStreet

FXStreet Chief Analyst Valeria Bednarik notes that the GBP/USD has dropped following worse than expected UK trade balance numbers, released in the European morning ahead of the BoE interest rate announcement.