The European Central Bank (ECB) is under pressure to cut rates again in October, as recent data points to slowing growth and easing inflation in the Euro Area.
This week’s German and Euro Area CPI reports could intensify that pressure. According to our Event Guide, indicators suggest inflation in September might be lower than in August.
Will this week’s Euro Area CPI reports provide the bulls a reason to maintain the pair’s weeks-long uptrend?
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