Netherlands, The Consumer Price Index n.s.a (YoY) remains unchanged at 1% in July

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Aug 6, 2015

GBP/JPY rises above 195.00 ahead of BOE events

The bid tone on the GBP strengthened in the early European session, taking the GBP/JPY to a session high of 195.10 ahead of the BOE events - rate decision, minutes, quarterly inflation report and Carney’s press conference.

EUR/USD: Bulls struggle to extend gains above 1.09

The bid tone on the EUR has ensured the EUR/USD pair stays above 1.09 handle, however, the bulls lack intent to push it higher ahead of the critical BOE event that may trigger sharp moves in the EUR/GBP pair.