EUR/USD – Edges higher even as eurozone inflation is revised slightly lower

<p><a href="https://api.addthis.com/oexchange/0.8/forward/facebook/offer?url=https%3A%2F%2Fwww.marketpulse.com%2Ffundamental%2Feur-usd-edges-higher-even-as-eurozone-inflation-is-revised-slightly-lower%2Fcerlam&amp;pubid=ra-525512e4690e068c&amp;title=Marketpulse%20%7C%20Home&amp;ct=1" target="_blank"><img src="https://cache.addthiscdn.com/icons/v3/thumbs/32×32/facebook.png" border="0" alt="Facebook" /></a><a href="https://api.addthis.com/oexchange/0.8/forward/twitter/offer?url=https%3A%2F%2Fwww.marketpulse.com%2Ffundamental%2Feur-usd-edges-higher-even-as-eurozone-inflation-is-revised-slightly-lower%2Fcerlam&amp;pubid=ra-525512e4690e068c&amp;title=Marketpulse%20%7C%20Home&amp;ct=1" target="_blank"><img src="https://cache.addthiscdn.com/icons/v3/thumbs/32×32/twitter.png" border="0" alt="Twitter" /></a><a href="https://api.addthis.com/oexchange/0.8/forward/email/offer?url=https%3A%2F%2Fwww.marketpulse.com%2Ffundamental%2Feur-usd-edges-higher-even-as-eurozone-inflation-is-revised-slightly-lower%2Fcerlam&amp;pubid=ra-525512e4690e068c&amp;title=Marketpulse%20%7C%20Home&amp;ct=1" target="_blank"><img src="https://cache.addthiscdn.com/icons/v3/thumbs/32×32/email.png" border="0" alt="Email" /></a></p><ul>
<li data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised and is now modestly higher."}]}" data-slate-node="element"><strong>Headline HICP inflation falls to 5.2% (5.3% expected) while core HICP remains at 5.3%</strong></li>
<li data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised and is now modestly higher."}]}" data-slate-node="element"><strong>Further declines expected over the remainder of the year</strong></li>
<li data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised and is now modestly higher."}]}" data-slate-node="element"><strong>Divergence warns of potential exhaustion in the sell-off</strong></li>
</ul>
<p class="_ParagraphElement_yyl4z_19" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised and is now modestly higher."}]}" data-slate-node="element"><span data-slate-node="text">Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised and is now modestly higher.</span></p>
<p class="_ParagraphElement_yyl4z_19" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Both are expected to fall going into next year and today's revisions are unlikely to alter the view of the ECB which has already decided that no more rate hikes will likely be needed. As with all favourable data though, it may come as a small relief that surprises in the data are finally in the right direction."}]}" data-slate-node="element"><span data-slate-node="text">Both are expected to fall going into next year and today&#8217;s revisions are unlikely to alter the view of the ECB which has already decided that no more rate hikes will likely be needed. As with all favorable data though, it may come as a small relief that surprises in the data are finally in the right direction.</span></p>
<p class="_ParagraphElement_yyl4z_19" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Shortly after the data, the OECD released its growth forecasts for this year and next and it won't come as a surprise that the eurozone has seen its downgraded by 0.3% and 0.4%, respectively. That lower activity is likely what's led to the ECB probably calling it a day on rate hikes."}]}" data-slate-node="element"><span data-slate-node="text">Shortly after the data, the OECD released its growth forecasts for this year and next and it won&#8217;t come as a surprise that the eurozone has seen its downgraded by 0.3% and 0.4%, respectively. That lower activity is likely what&#8217;s led to the ECB probably calling it a day on rate hikes.</span></p>
<p class="_ParagraphElement_yyl4z_19" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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"><span data-slate-node="text">Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signaling the end of the cycle tomorrow, as the ECB did last week.</span></p>
<p style="text-align: center" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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"><iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/wFHbpRMA6vY?si=WHLtY_5rrLIMYFZo" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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"><strong>Can we see a correction after the recent sell-off?</strong></p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMkV1cm96b25lJTIwaGVhZGxpbmUlMjBpbmZsYXRpb24lMjB3YXMlMjBzbGlnaHRseSUyMGxvd2VyJTIwdGhhbiUyMGluaXRpYWxseSUyMHJlcG9ydGVkJTIwaW4lMjBBdWd1c3QlMjB3aGlsZSUyMGNvcmUlMjB3YXMlMjB1bnJldmlzZWQlMjBhbmQlMjBpcyUyMG5vdyUyMG1vZGVzdGx5JTIwaGlnaGVyLiUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJwYXJhZ3JhcGglMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJCb3RoJTIwYXJlJTIwZXhwZWN0ZWQlMjB0byUyMGZhbGwlMjBnb2luZyUyMGludG8lMjBuZXh0JTIweWVhciUyMGFuZCUyMHRvZGF5J3MlMjByZXZpc2lvbnMlMjBhcmUlMjB1bmxpa2VseSUyMHRvJTIwYWx0ZXIlMjB0aGUlMjB2aWV3JTIwb2YlMjB0aGUlMjBFQ0IlMjB3aGljaCUyMGhhcyUyMGFscmVhZHklMjBkZWNpZGVkJTIwdGhhdCUyMG5vJTIwbW9yZSUyMHJhdGUlMjBoaWtlcyUyMHdpbGwlMjBsaWtlbHklMjBiZSUyMG5lZWRlZC4lMjBBcyUyMHdpdGglMjBhbGwlMjBmYXZvdXJhYmxlJTIwZGF0YSUyMHRob3VnaCUyQyUyMGl0JTIwbWF5JTIwY29tZSUyMGFzJTIwYSUyMHNtYWxsJTIwcmVsaWVmJTIwdGhhdCUyMHN1cnByaXNlcyUyMGluJTIwdGhlJTIwZGF0YSUyMGFyZSUyMGZpbmFsbHklMjBpbiUyMHRoZSUyMHJpZ2h0JTIwZGlyZWN0aW9uLiUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJwYXJhZ3JhcGglMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJTaG9ydGx5JTIwYWZ0ZXIlMjB0aGUlMjBkYXRhJTJDJTIwdGhlJTIwT0VDRCUyMHJlbGVhc2VkJTIwaXRzJTIwZ3Jvd3RoJTIwZm9yZWNhc3RzJTIwZm9yJTIwdGhpcyUyMHllYXIlMjBhbmQlMjBuZXh0JTIwYW5kJTIwaXQlMjB3b24ndCUyMGNvbWUlMjBhcyUyMGElMjBzdXJwcmlzZSUyMHRoYXQlMjB0aGUlMjBldXJvem9uZSUyMGhhcyUyMHNlZW4lMjBpdHMlMjBkb3duZ3JhZGVkJTIwYnklMjAwLjMlMjUlMjBhbmQlMjAwLjQlMjUlMkMlMjByZXNwZWN0aXZlbHkuJTIwVGhhdCUyMGxvd2VyJTIwYWN0aXZpdHklMjBpcyUyMGxpa2VseSUyMHdoYXQncyUyMGxlZCUyMHRvJTIwdGhlJTIwRUNCJTIwcHJvYmFibHklMjBjYWxsaW5nJTIwaXQlMjBhJTIwZGF5JTIwb24lMjByYXRlJTIwaGlrZXMuJTIyJTdEJTVEJTdEJTJDJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMkFsc28lMjBpbnRlcmVzdGluZyUyMGZyb20lMjB0aGUlMjBmb3JlY2FzdHMlMjBhaGVhZCUyMG9mJTIwdGhlJTIwRmVkJTIwbWVldGluZyUyMHdhcyUyMHRoYXQlMjB0aGUlMjBVUyUyMHNhdyUyMHVwZ3JhZGVzJTIwZm9yJTIwYm90aCUyMHllYXJzJTJDJTIwdmVyeSUyMG11Y2glMjBhZ2FpbnN0JTIwdGhlJTIwdHJlbmQuJTIwVGhhdCUyMHJlc2lsaWVuY2UlMjBoYXMlMjBjb250cmlidXRlZCUyMHRvJTIwaW5mbGF0aW9uJTIwcmlzaW5nJTIwaGlnaGVyJTIwdGhhbiUyMGV4cGVjdGVkJTIwYW5kJTIwYmVpbmclMjBoYXJkZXIlMjB0byUyMGNvbnRhaW4lMjBhbmQlMjBtYXklMjBlbmNvdXJhZ2UlMjB0aGUlMjBGZWQlMjB0byUyMGhvbGQlMjBvZmYlMjBmcm9tJTIwc2lnbmFsbGluZyUyMHRoZSUyMGVuZCUyMG9mJTIwdGhlJTIwY3ljbGUlMjB0b21vcnJvdyUyQyUyMGFzJTIwdGhlJTIwRUNCJTIwZGlkJTIwbGFzdCUyMHdlZWsuJTIwJTIyJTdEJTVEJTdEJTVE">From a fundamental perspective, it is possible as the ECB has now adopted a more dovish stance than many anticipated and is unlikely to become more dovish soon. The Fed could match it which may make things interesting but there may be more hesitancy there.</p>
<p style="text-align: center" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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"><strong>EURUSD Daily</strong></p>
<p style="text-align: center" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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"><a href="https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08.png" target="_blank" rel="noopener"><img loading="lazy" class="aligncenter wp-image-807658" src="https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08-1024×507.png" alt="" width="620" height="307" srcset="https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08-1024×507.png 1024w, https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08-300×149.png 300w, https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08-768×380.png 768w, https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08-1536×761.png 1536w, https://www.marketpulse.com/wp-content/uploads/2023/09/EURUSD_2023-09-19_12-29-08.png 1835w" sizes="(max-width: 620px) 100vw, 620px" /></a></p>
<p style="text-align: right" data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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">Source &#8211; OANDA on Trading View</p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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">Then there&#8217;s the technicals which are also starting to point to exhaustion in the sell-off. The MACD histogram is making higher lows as the price makes lower lows while the moving averages and the stochastic are flattening which may suggest we&#8217;re at a turning point. Such a divergence doesn&#8217;t point to an imminent reversal in itself, but it does suggest the trend is weakening.</p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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">It&#8217;s run into support around 1.07 and is now testing support from a couple of weeks ago after only recently breaking through the 200/233-day simple moving average band. The recent high around 1.0770 could be interesting, if broken, and point to a potential corrective move in the pair.</p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="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">A rotation lower from here and below 1.07 would be interesting, especially if we see further divergences forming between price and the MACD and stochastic. The next most notable level below is 1.05, having been a key level in this pair over a number of years.</p>
<p data-slate-block="regular" data-slate-type="paragraph" data-slate-value="{"type":"paragraph","children":[{"text":"Also interesting from the forecasts ahead of the Fed meeting was that the US saw upgrades for both years, very much against the trend. That resilience has contributed to inflation rising higher than expected and being harder to contain and may encourage the Fed to hold off from signalling the end of the cycle tomorrow, as the ECB did last week. "}]}" data-slate-node="element" data-slate-fragment="JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMkV1cm96b25lJTIwaGVhZGxpbmUlMjBpbmZsYXRpb24lMjB3YXMlMjBzbGlnaHRseSUyMGxvd2VyJTIwdGhhbiUyMGluaXRpYWxseSUyMHJlcG9ydGVkJTIwaW4lMjBBdWd1c3QlMjB3aGlsZSUyMGNvcmUlMjB3YXMlMjB1bnJldmlzZWQlMjBhbmQlMjBpcyUyMG5vdyUyMG1vZGVzdGx5JTIwaGlnaGVyLiUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJwYXJhZ3JhcGglMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJCb3RoJTIwYXJlJTIwZXhwZWN0ZWQlMjB0byUyMGZhbGwlMjBnb2luZyUyMGludG8lMjBuZXh0JTIweWVhciUyMGFuZCUyMHRvZGF5J3MlMjByZXZpc2lvbnMlMjBhcmUlMjB1bmxpa2VseSUyMHRvJTIwYWx0ZXIlMjB0aGUlMjB2aWV3JTIwb2YlMjB0aGUlMjBFQ0IlMjB3aGljaCUyMGhhcyUyMGFscmVhZHklMjBkZWNpZGVkJTIwdGhhdCUyMG5vJTIwbW9yZSUyMHJhdGUlMjBoaWtlcyUyMHdpbGwlMjBsaWtlbHklMjBiZSUyMG5lZWRlZC4lMjBBcyUyMHdpdGglMjBhbGwlMjBmYXZvdXJhYmxlJTIwZGF0YSUyMHRob3VnaCUyQyUyMGl0JTIwbWF5JTIwY29tZSUyMGFzJTIwYSUyMHNtYWxsJTIwcmVsaWVmJTIwdGhhdCUyMHN1cnByaXNlcyUyMGluJTIwdGhlJTIwZGF0YSUyMGFyZSUyMGZpbmFsbHklMjBpbiUyMHRoZSUyMHJpZ2h0JTIwZGlyZWN0aW9uLiUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJwYXJhZ3JhcGglMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJTaG9ydGx5JTIwYWZ0ZXIlMjB0aGUlMjBkYXRhJTJDJTIwdGhlJTIwT0VDRCUyMHJlbGVhc2VkJTIwaXRzJTIwZ3Jvd3RoJTIwZm9yZWNhc3RzJTIwZm9yJTIwdGhpcyUyMHllYXIlMjBhbmQlMjBuZXh0JTIwYW5kJTIwaXQlMjB3b24ndCUyMGNvbWUlMjBhcyUyMGElMjBzdXJwcmlzZSUyMHRoYXQlMjB0aGUlMjBldXJvem9uZSUyMGhhcyUyMHNlZW4lMjBpdHMlMjBkb3duZ3JhZGVkJTIwYnklMjAwLjMlMjUlMjBhbmQlMjAwLjQlMjUlMkMlMjByZXNwZWN0aXZlbHkuJTIwVGhhdCUyMGxvd2VyJTIwYWN0aXZpdHklMjBpcyUyMGxpa2VseSUyMHdoYXQncyUyMGxlZCUyMHRvJTIwdGhlJTIwRUNCJTIwcHJvYmFibHklMjBjYWxsaW5nJTIwaXQlMjBhJTIwZGF5JTIwb24lMjByYXRlJTIwaGlrZXMuJTIyJTdEJTVEJTdEJTJDJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMkFsc28lMjBpbnRlcmVzdGluZyUyMGZyb20lMjB0aGUlMjBmb3JlY2FzdHMlMjBhaGVhZCUyMG9mJTIwdGhlJTIwRmVkJTIwbWVldGluZyUyMHdhcyUyMHRoYXQlMjB0aGUlMjBVUyUyMHNhdyUyMHVwZ3JhZGVzJTIwZm9yJTIwYm90aCUyMHllYXJzJTJDJTIwdmVyeSUyMG11Y2glMjBhZ2FpbnN0JTIwdGhlJTIwdHJlbmQuJTIwVGhhdCUyMHJlc2lsaWVuY2UlMjBoYXMlMjBjb250cmlidXRlZCUyMHRvJTIwaW5mbGF0aW9uJTIwcmlzaW5nJTIwaGlnaGVyJTIwdGhhbiUyMGV4cGVjdGVkJTIwYW5kJTIwYmVpbmclMjBoYXJkZXIlMjB0byUyMGNvbnRhaW4lMjBhbmQlMjBtYXklMjBlbmNvdXJhZ2UlMjB0aGUlMjBGZWQlMjB0byUyMGhvbGQlMjBvZmYlMjBmcm9tJTIwc2lnbmFsbGluZyUyMHRoZSUyMGVuZCUyMG9mJTIwdGhlJTIwY3ljbGUlMjB0b21vcnJvdyUyQyUyMGFzJTIwdGhlJTIwRUNCJTIwZGlkJTIwbGFzdCUyMHdlZWsuJTIwJTIyJTdEJTVEJTdEJTVE">