Currency markets are still being driven by central bank rate move expectations. The ECB meets next week, the Fed and BoJ at the end of July and the BoE on 1st August. We still look for the USD to retreat this year, with the BoJ intervention in the JPY worth noting as a potential driver for a shift below Y150 to be seen over the coming weeks. All to play for still in FX! If you would like to read our report, contact us at info@tricio-advisors.com.
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