The euro has been trading buoyantly into the ECB announcement today. EUR-USD clocked a one-week high of 1.1837 earlier in the Asian session, and while EUR-JPY and EUR-CHF have remained below their respective 22- and 33-month highs of yesterday, they remain underpinned, with both crosses having picked up from shallow dips. USD-JPY ground lower to a two-day low of 113.34, with the pair correlating inversely with flagging global stocks, which have come off the boil somewhat amid some corporate earnings misses.
Recent News
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- Ex-Taliban commander pleads guilty to taking US journalist hostage
- Loeb's Third Point builds stake in Band-Aid maker Kenvue
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- Trump signs executive order boosting deep-sea mining industry
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