India WPI Inflation registered at 2.61% above expectations (2.5%) in May

EUR/USD Price Analysis: Remains below 1.0750 after breaking below the rectangle formation

EUR/USD extends its losses for the second consecutive day, trading around 1.0730 during the Asian session on Friday.
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BoJ's Ueda: Important to reduce JGB purchases in a foreseeable manner

Addressing the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “decided to reduce JGB purchases to ensure long-term yields are formed more freely in markets.” The BoJ kept the interest rate steady at 0% for the second meeting in a row in June.
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