Forex

EU Officials Say French Vote Puts Europe Defense Push At Risk - Bloomberg

BENGALURU (Reuters) - The Swiss National Bank (SNB) will cut its key policy rate by 25 basis points on June 20 for a second straight meeting, according to two-thirds of economists polled by Reuters, a slim majority of whom said the central bank would trim it again in September.

Although that was in line with market pricing of a nearly 75% chance of a June rate cut, the policy decision on Thursday could be a close call given a recent rebound in economic... (continue reading...)

By Balazs Koranyi and Francesco Canepa

LONDON (Reuters) -The European Central Bank's chief economist said on Monday there was no need for the ECB to come to France's rescue by buying bonds because recent market turmoil fuelled by political uncertainty was "not disorderly".

In a Reuters NEXT Newsmaker interview, Philip Lane said he remained confident inflation will fall back to the ECB's 2% target in 2025 after four years of unusually brisk... (continue reading...)

Investing.com - The Bank of Japan surprised many by delaying the start of its bond buying, so-called quantitative tightening, at its policy meeting earlier Friday, but UBS still looks for an interest rate hike in October.

At its two-day policy meeting, the central bank said it would continue to buy government bonds at the current pace. But it decided to come up with a specific plan to trim purchases for the next one to two years, at a subsequent policy-setting meeting... (continue reading...)

Investing.com - The U.S. dollar slipped marginally Friday, while the euro also fell, heading for a sharp weekly loss amid political turmoil in the region. 

At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 105.125.

Despite these small losses, the dollar is on course for small gains this week after the Federal Reserve left the funds rate on hold at 5.25%-5.5%, but... (continue reading...)