The U.S Dollar could turn bullish if inflation data is better than anticipated.
However, if the forecasted gains of 0.2% are met, the U.S Dollar and major currencies could resume their known trading realms which have been quiet the past couple of sessions. It will be a busy afternoon and evening for global market participants. Forex has seen consolidated action this morning. Investors should also keep in mind Industrial Production numbers will come from China early tomorrow, and Germany will release potentially intriguing CPI numbers on Wednesday.