Central Bank of Russia hikes policy rate by 50 basis points to 5.5% in June
Russia’s central bank announced on Friday that it hiked its policy rate by 50 basis
USD/CNH: The 6.3650-6.4050 range still prevails – UOB
USD/CNH is still expected to trade within the 6.3650-6.4050 range in the near term, commented
USD/CHF: Scope for a substantial drop to the the 2022 lows at 0.8757 – Credit Suisse
USD/CHF is back weighing on its range lows at 0.8930/25. A move below here and
Malaysia: Foreign demand for domestic bonds lost traction in May – UOB
Foreign inflows into the Malaysian debt market seems to have lost some momentum in May,
GBP/USD stays below 1.4200 after UK GDP misses estimates with 2.3% in April
UK GDP arrived at 2.3% MoM in April vs. 2.4% expected. GBP/USD remains little changed
UK Manufacturing Production drops unexpectedly by 0.3% MoM in April
The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting
UK’s Sunak welcomes a recovery in the economic output
The UK Finance Minister Rishi Sunak expresses his pleasure following the rebound in the economic output
Bundesbank ups 2022 GDP, inflation forecast
Germany’s central bank, Bundesbank, said that the economy is on track to overcome a pandemic-related
FX option expiries for June 11 NY cut
FX option expiries for June 11 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
GBP/USD: Break above 1.4203 to clear the way for a retest of key highs at 1.4238/49 – Credit Suisse
GBP/USD weakness has again been well supported. Above 1.4203, cable can ease the threat of