US Core CPI measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Wednesday at 12:30 GMT. Indicator Background Analysts consider CPI one of the most important economic indicators, and the release of US Core CPI can have a major impact on the direction of EUR/USD. US Core CPI edged higher in June, posting a gain of 0.2% which matched the forecast. Another 0.2% gain is expected in the July report. We are seeing opposite forces pulling on the ... (full story)