Sterling waiting for inflation data, rebounds vs Swiss franc

LONDON, Oct 16 - The pound sat within its recent ranges against the euro and dollar on Monday, and rebounded against the Swiss franc, at the start of a week with always-important inflation data that will further guide the Bank of England's interest rate path.

The main macro-economic release this week is Britain's consumer price index due Wednesday, as well as employment data the day before. The CPI release will be"important for the November BoE meeting, although we expect it to remain soft enough that no further tightening will be required," said Paul Robson, NatWest markets head of G10 FX strategy, in a note to clients.

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