United States Dallas Fed Manufacturing Business Index increased to 12.7 in July from previous 11.4

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EUR/USD: risk remains biased to further downside - Scotiabank

Eric Theoret, Currency Strategist at Scotiabank, notes that the EUR/USD risk remains biased to further downside, given the massive divergence to yield spreads and bearish technical indicators.
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IMF: BoE stance appropriate for now

The International Monetary Fund released a report on Monday in which it said that the Bank of England’s monetary policy is appropriate for the current state of the economy, but recommended adjusting the stance in case inflation accelerates.
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