BOJ likely to consider standing pat at next week’s policy meeting – report 0 (0)

Bloomberg reports, citing people familiar with the matter
The sources cited also mention that the BOJ continues to see a high degree of uncertainty surrounding the economy, but developments since April have been more or less panning out according to the central bank’s forecast.

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USD/JPY gradually creeps higher, approaches the 100-day moving average 0 (0)

USD/JPY pushes to a session high of 107.79 currently
The pair is having a very polarising start to the week, tracking lower yesterday amid a weaker dollar before reversing course in trading today to push just above the highs yesterday and close to a test of the 100-day MA (red line) @ 107.81 currently.

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Eurozone May retail sales +17.8% vs +15.0% m/m expected 0 (0)

Latest data released by Eurostat – 6 July 2020
– -11.7%; revised to -12.1%
– Retail sales -5.1% vs -6.5% y/y expected
– Prior -19.6%
Retail sales activity rebounded strongly in the euro area in May, as lockdown restrictions were eased in most countries. But relative to a year ago, retail sales is still seen lower by a

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