Trade of the Week: ‘Inflation persuasion’ to sway USD, GBP, EUR?

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This week there will be headline inflation readings, also known as the consumer price index (CPI), released for three major Western economies:

Tuesday, Sept 14: US August CPI expected to grow 5.3% compared to August 2020 (year-on-year, y/y) and 0.4% month-on-month (m/m).
 
Wednesday, Sept 15: UK August CPI forecasted to grow 2.9% y/y and 0.5% m/m.
 
Friday, Sept 17: The final readings of the Eurozone’s CPI is expected to confirm the estimated 3% y/y and 0.4% m/m prints. (The initial figures had been released on 31 August).

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