FX Watch : GBP/JPY et GBP/NZD : tendances et configurations de rupture si l'IPC britannique répond aux attentes.

The British pound is under the spotlight again as the U.K. prints its September inflation numbers. Our Event Guide for the U.K. September CPI Reports suggests that inflation is likely to print at 4.0% y/y as expected, with the core reading inching higher from 3.6% to 3.7%. This would likely dampen BOE rate cut speculations and push the pound higher, at least until a bigger market catalyst comes along.