After plenty of excitement from central banks and top-tier economic releases in the past couple of weeks, things will take a backseat over the next seven days. The slower news pulse could give way to some sideways action in currency markets as the US dollar fights off selling pressure. But there could be a boost for the greenback coming in the form of the latest US CPI and retail sales numbers. The pound, meanwhile, which remained largely unruffled by the Bank of England’s decision to slow down QE, will be looking to UK GDP and Scottish elections results for direction.

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