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20 Jun 2023

ECB’s Rehn: Underlying inflation is easing ‘only gradually'

European Central Bank (ECB) Governing Council member, Olli Rehn, made some comments on the Eurozone inflation outlook during his appearance on Tuesday.

Rehn said that the underlying inflation is easing ‘only gradually’.

Market reaction

At the time of writing, EUR/USD is holding its latest upside near 1.0940, up 0.16% on the day.

Jun 20, 2023

USD/JPY: FX intervention unlikely until 145 – SocGen

Officials are likely to step up verbal intervention closer to 145 in USD/JPY, in the opinion of economists at Société Générale. Widening of 10y JGB yi
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Jun 20, 2023

USD/CAD trims a part of its modest intraday gains, manages to hold above 1.3200

The USD/CAD pair attracts some intraday sellers following an early uptick to the 1.3235-1.3240 area on Tuesday and retreats to the lower end of its da
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