No further ECB easing just yet – RTRS

Sources from news agency Thompson/Reuters noted the European Central Bank is in no rush to incur in further easing following the recent ‘Brexit’ vote as long as markets remain calm.

The central bank needs to see ‘actual evidence’ of negative effects post-Brexit in order to trigger action in the region.

EUR/USD keeps the upper end of the range around the 1.1100 handle so far and remains vigilant on any development from the EU Leaders Summit.

USD/JPY remains static around 102.75-70 after US data

Receding global risk aversion provided the initial recovery momentum for the USD/JPY pair, which failed to gain further traction after the release of
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EUR: Breakup premium set to widen further – RBC CM

Adam Cole, Research Analyst at RBC Capital Markets, suggests that in the immediate wake of the UK referendum, the EUR risk premium widened to 17¢ - a
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