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ForexLive European FX news wrap: Risk stays on the defensive after US credit rating cut

Headlines:A more cautious mood after Fitch cuts US credit ratingUSD/JPY pushed lower amid safety flows for nowWhat is priced in ahead of the BOE policy decision tomorrow?BOJ's Uchida says may step in before 10-year yields hit 1%, depending on speed of the moveBOJ's Uchida: Decision to make YCC flexible not a move towards ending ultra loose policySwitzerland July manufacturing PMI 38.5 vs 44.0 expectedSwitzerland Q3 consumer confidence -27.1 vs -29.7 priorUS MBA mortgage applications w.e. 28 July... Read More

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Posted: Aug 2 2023, 11:52

Author Name: forexlive

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