ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
Singapore Export Prices for August increased 14.2% annualized, and Singapore Import Prices increased 12.8% annualized. Forex traders can compare this to Singapore Export Prices for July, which increased 12.9% annualized, and Singapore Import Prices, which increased 12.9% annualized. The Singapore PPI for August increased by 17.0% annualized. Forex traders can compare this to the Singapore PPI for July, which increased 17.1% annualized.
EUR/USD is trading near the bottom of the September range, which is near the yearly low at 1.1663. The short-term sentiment remains neutral with a bearish bias as the pair has attracted sellers near the moderately bearish 20 SMA at 1.1720.
ECB, Muller: we will consider the probability of an increase in APP after the end of the PEPP program.
EUR/JPY remains under pressure and is testing 128.00.
EUR/USD will fall to 1.13 by the end of 2022 - Danske Bank.
Canada: CPI up 4.1% y/y in August.
EUR/USD cuts losses and rises above 1.1800 again.
ECB, Vasle: Monetary policy is still "highly accommodative."
EUR/JPY was able to continue the rally which started after the NFP report and reached 130.20, before going back to 130.60.