Philippines: BSP raised rates by 25 bps – UOB
Julia Goh, Senior Economist at UOB Group and Economist Loke Siew Ting comment on the
EUR/GBP with scope to end the year around 0.88 – Rabobank
The pound may not receive a lasting support from the Bank of England, even if
US Dollar has upside through the end of this year and into the early parts of 2023 – Wells Fargo
The US dollar should remain strong against more currencies; however, the peak may be approaching
Swiss franc: Risks remain skewed to the upside – Morgan Stanley
Strategists at Morgan Stanley remain bullish on the Swiss franc, recommending going short on EUR/CHF
US: CB Consumer Confidence Index drops to 98.7 in June vs. 100 expected
Consumer confidence in the US continued to weaken in June. US Dollar Index clings to
China’s 2022 GDP could reach 5% with strong policies – Yicai
“The Chinese economy may grow around 4.8% in 2022, and could reach 5%-5.5% if supported
EUR/USD Price Analysis: A downside break of an ascending triangle looks imminent at 1.0500
The confluence of the Ascending Triangle formation and Inverted Flag has strengthened the greenback bulls.
USD/JPY slips beneath 136.00 on upbeat Japan Retail Trade, softer yields, focus on Fed’s Powell
USD/JPY takes offers to refresh daily lows, snaps three-day uptrend around weekly top. Japan Retail
AUD/USD rebound eyes 0.6945 hurdle on strong Australia Retail Sales, Fed’s Powell in focus
AUD/USD picks up bids to extend corrective pullback from intraday low. Australia Retail Sales rose
GBP/USD approaches 1.2260 hurdle ahead of BOE/Fed leaders’ comments at ECB Forum
GBP/USD portrays corrective pullback from weekly low, snaps two-day rebound. Mixed concerns ahead of key