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  • North American Edition2016-06-30 10:58 UTC

    Steady trading conditions persisted. EUR-USD lifted to a post-Brexit peak of 1.1146 following a forecast-beating preliminary estimate for Eurozone June HICP rising out of deflation to +0.1% y/y from -0.1% in May. Cable, meanwhile, remained well within yesterday's range, holding in the mid 1.34s. USD-JPY edged out a fresh high at 103.02 as the yen's safe-haven premium continued to unravel. There is an ensuing stasis with regard to Brexit, with ... Read More 

  • European Edition2016-06-30 07:23 UTC

    Relatively calm price action continued in forex and other markets, and Asian stocks continued to gain. Rating agency Fitch said that there would be no negative consequences of Brexit on Asian economies or banks, which went down well with investors. Cable oscillated, recouping to the mid 1.34s from a 1.3364 low, but remaining well off yesterday's Brexit rebound peak at 1.3533. That's a big range for the pound during Asian trade by historical comparisons, ... Read More 

  • Asian Edition2016-06-30 18:54 UTC

    The session started on a fairly quiet footing, with the dollar steady until late in the morning session. BoE's Carney then stirred things up, as he commented on the Bank's need for further easing as soon as this summer. Sterling fell broadly, taking cable to 1.3207 lows from near 1.3425, and GBP-JPY under 136.40 from 137.80. EUR-GBP rallied nearly 100 points to 0.8370. EUR-USD later played catch-up, as talk of loosening of SCB rules for asset purchases ... Read More 

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