ECB's Coeure: Could resume making net asset purchases if warranted by circumstances

In an interview with BFM Business TV, "Theoretically, we could also resume making net asset purchases, again if warranted by the circumstances," European Central Bank Governing Council member Benoit Coeure said on the policy outlook.

Coeure further added Christine Lagarde was an excellent choice as the ECB president and explained that the role at the IMF made her "eminently qualified to be president of the ECB."

The EUR/USD pair didn't react to these remarks and it was last seen trading at 1.1205, losing 0.08% on a daily basis.

Jul 9, 2019

South Korea: BoK to cut in August – Standard Chartered

Chong Hoon Park, Head of Korea Economic Research at Standard Chartered, suggests that they expect the Bank of Korea (BoK) to cut the policy rate to 1.

USD/JPY technical analysis: Bulls now eyeing a move beyond 38.2% Fibo./50-DMA confluence barrier

Given that the pair has already found acceptance above the 108.65-70 supply zone, bullish oscillators on hourly/daily charts support prospects for an