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ECB’s Cœuré: ECB June rate decision to account of trade and other risks

Benoît Cœuré, a member of the Executive Board of the European Central Bank (ECB) commented on the Eurozone economic outlook and ongoing trade war concerns, in a weekend interview with Bloomberg TV.

Key Headlines:

Eurozone economy remains strong.

ECB is not complacent to trade ware risks.

ECB rate guidance has been effective in markets.

ECB June rate decision to account of trade and other risks.

AUD/USD to remain caught in the cross-fire of US trade policy - ANZ

Analysts at Australia and New Zealand Bank (ANZ) offered their view on the AUD/USD pair for the coming week, in its FX strategy report. Key Quotes:
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Sell-the-fact: USD/CNH drops as US-China tariffs kick in

Currently, the USD/CNH pair is trading at 6.6283, having clocked a session high of 6.6658 earlier today.  The offshore Yuan took a beating in the las
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