Summary of the most interesting economic events from the trading week 17. - 23. October 2022

Last week offered us some interesting events that are worth paying attention to. Markets experienced volatility especially at the end of the trading week.

Read more to stay in the loop!

EUR

From the euro area, we were only looking for Wednesday's CPI and inflation data last week.

GBP

Wednesday also brought us the latest inflation and CPI data from the UK.

USD

The US Dollar (USD) fell against the Yen (JPY) on Friday, posting its biggest daily decline.

CAD

We also saw inflation in Canada in the middle of the week, which signalled a bullish scenario for the Canadian dollar.

And what's in store for the current trading week?

This week we have a couple of central bank meetings to focus our attention on.

26.10. Wednesday - Bank of Canada (expected to raise rates by 75 bp)

Sources:

https://www.investing.com

https://www.forexlive.com

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