Comments by SNB’s board member Andrea Maechler on CNN Very much in line with what the SNB stated last week after its monetary policy meeting. In case you missed it, was Jordan’s comments on the franc.
Comments from Abe on Bank of Japan policy He (and other members of the administration) say this from time to time …. I hadn’t heard it for a while
People’s Bank of China with a hefty smack lower for the onshore yuan again today That is the lowest for CNY against the dollar since January 10 this year
From CBA on their look ahead for the week for AUD and NZD AUD/USD and NZD/USD are vulnerable to more downside this week because the threat of more inward looking global trade policies is a downside risk to global economic growth.
Sakurai in Rome Bank of Japan board member Makoto Sakurai is in Rome and used the occasion to remind everyone that miniscule unemployment doesn’t necessarily mean wage growth. Economists dismiss Japan out-of-hand because it doesn’t fit the models but the models aren’t working particularly well anywhere.
Bank of France deputy governor Sylvie Goulard speaks in Paris Goulard was appointed as the deputy governor earlier this year, and she’s mainly talking about financial risks in her speech now. The risks of the twin deficits in the US isn’t anything new, but it is interesting to see that she views that global equities…
BOJ deputy governor Masazumi Wakatabe with some comments Nothing new though, the same old repetition from the BOJ.
This is via , a poll of more than 90 economists on expectations for the ECB Reuters Major points from the poll (taken June 19-22) economy is forecast to expand at 2.2 percent this year, a slight downgrade from 2.3 percent in the same poll last month
Coeure comments on continuing QE from the European Central Bank From the text of a media interview (with Le Figaro) he gave (f) ull text is here More:
Move is as expected The USDMXN has moved to a new session low (but just barely so far). The 20.2161-20.2446 area is the next target. The 200 bar MA (green line) comes in at 20.000 area.