Bundebank's Dombret: ‘I consider Brexit to be manageable for banks’

Bundesbank (Buba), the German central bank. Executive board member Dombret crossed the wires last hour, making a scheduled speech titled ‘the other side of the coin – why European supervision needs international regulation.’  

Key Points:

Brexit to be manageable for banks but preparation needed

Risk of sovereign default may be low, but not zero

EUR/USD regains 1.0950 as USD extends Friday’s sell-off

Fresh bids emerged for EUR/USD near 1.0925 region, with the bulls now extending the control above 1.0950 amid renewed weakness seen around the greenba
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USD/CHF dips should hold near 0.9950 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, expects occasional pullbacks in the pair to find support in the mid-0.9900s. Key Quotes
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