Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI

Mon: German Ifo (Sep), US National Activity Index (Aug), German State CPIs (Sep) Tue: Swedish PPI (Aug), US Consumer Confidence (Sep), New Home Sales (Aug) Richmond Fed (Sep) Wed: Spanish Parliament PM Vote re. Feijoo (TBC), CNB Policy Announcement, BoJ Minutes (Jul); German GfK (Oct), Swedish Consumer Confidence (Sep), EZ M3 (Aug), US Durable Goods

EUR/USD on Fed Watch, UK CPI Tests EUR/GBP Range

Euro (EUR/USD, EUR/GBP) Analysis Markets Await the Fed’s Summary of Economic Projections for Clues The euro has recovered a large portion of losses against the dollar, as markets look to the updated quarterly forecasts known as the summary of economic projections for clues. EUR/USD dropped immediately after the ECB decided to hike interest rates, for

UK CPI Miss Unable to Deter GBP Fragility

POUND STERLING TALKING POINTS UK CPI misses but PPI beat could be troublesome down the line. Little change in BoE forecasts for tomorrow, 25bps hike expected. GBP/USD arrives into oversold territory on RSI. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The UK CPI release missed on both headline and core

CADJPY: Ahead of Canadian CPI

The CPI figures for Canada will be closely watched today, as predictions point to an increase. Headline inflation is forecast at 3.8% y/y, up from 3.3% y/y in July. If this happens, it will be the third consecutive month that the inflation rate has increased, reaching the highest level since April and far exceeding the

New Zealand Dollar After US CPI; NZD/USD, EUR/NZD, AUD/NZD Price Action

NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD/USD is holding above channel support, but there is no sign of reversal of the downtrend. AUD/NZD remains well within its recently established range; EUR/NZD’s downside could be limited. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi Building Confidence in Trading NZD/USD: Holding the above

Dollar retreats after CPI release; euro gains ahead of ECB decision By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday after U.S. inflation release, while the euro climbed from recent lows ahead of the European Central Bank’s eagerly-awaited rate-setting meeting.  At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%

Asia FX muted, dollar drifts lower despite CPI surprise By Investing.com

© Reuters. Investing.com– Most Asian currencies kept to a tight range on Thursday, while the dollar edged lower as markets weighed stronger-than-expected inflation data against expectations that the Federal Reserve will keep rates unchanged next week.  Data on Wednesday showed that U.S. grew slightly more than expected in August, amid rising fuel costs and steady