Depressed EU inflation to keep downward pressure on Euro - RBS

FXStreet (Bali) - According to RBS, depressed price levels and growth data in the Eurozone should keep downward pressure on the ECB rates, inflation expectations and the Euro.

Key Quotes

"September inflation data is released throughout the Euro-area, including revisions to previously released flash estimates for Germany and the Euro-area composite."

"Germany’s ZEW survey is released amid a broad weakening in German economic indicators."

"Continued weakness in both inflation and growth data should keep the downward pressure on ECB interest rate expectations, inflation expectations, and the EUR."