ECB’s Praet: No risks to financial stability from Brexit

Additional headlines crossed the wires last hour, via VDI, from the ECB governing council member and chief economist Peter Praet noting the following:

Underlying inflation trend remains ‘noticeably weak’

No risks to financial stability from Brexit

GBP/USD re-takes 1.2500 amid subdued USD, awaits House vote

The British pound failed another attempt above 1.25 handle versus its American counterpart in the European session, sending GBP/USD back towards the f
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USD/JPY reverse daily gains, retreats back to 111.00 handle

The USD/JPY pair once again failed to extend its recovery move beyond mid-111.00s and has now reversed daily gains to currently trade near the 111.00
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