Switzerland Foreign Currency Reserves: 517.5B (May) vs previous 521.9B

FXStreet.com (Barcelona)

Jun 5, 2015

USD/JPY hovers around 120.50

The USD/JPY pair trades around 120.50 after having witnessed a highly volatile trading in the previous session on the back of sharp moves in the treasury yields.

UK getting closer to a rate hike – ING

James Knightley, Senior Economist at ING, expects the Bank of England to start hiking rates before what markets are currently pricing in.