Eyes on central banks after sterling shocker (News: 12/06/17)

Today's press

  • The dollar dipped on Monday on the run-in to Wednesday's decision on U.S. interest rates, while Britain’s pound was back under pressure after a 2-cent fall following elections which threw Europe’s second-largest economy into political chaos.

  • French President Emmanuel Macron’s party, La Republique en Marche, set the foundations for an overwhelming majority in the French parliament as election results show that nearly a third of voters supported candidates running for Macron’s party, as well as its ally Modem, another centrist party.

  • The U.S. dollar weakened against most of its Group-of-10 peers as investors began tweaking positions ahead of multiple central bank policy decisions this week.

  • The question of how high bitcoin can fly looms large after the digital currency shot past $3,000 a bitcoin for the first time ever.

Next trading day's important events

  • 11:30 (GMT+3) UK – Consumer Price Index (YoY) (May)


Forex quotes:

  • USDJPY: 109.87
  • EURUSD: 1.1193


Indices:

  • S&P 500: 2423.99
  • NASDAQ: 6144.77

Source: Alpari

Leave a Reply