Halister News

(Bloomberg) -- Major currencies are steadier as traders take from a breather from Brexit-related news and shift focus to FOMC decision later today and BOJ tomorrow.

• Fed likely to downgrade long-run target rate of its hiking cycle by 25 bps to 3%; cause USD to weaken, Goldman Sachs says
• G-10 currencies’ volatility risk premium, as measured by difference between 3-mo. implied and realized volatility, rose yday to highest since June 2012
• GBP/USD +0.18% to 1.4140 vs 1.4094-1.4144 range
  • Fast-money accounts sold near 1.4100 in early session, leaving buy-stops up through 1.4155, trader says
  • Options expiring today include 1.4050 puts for GBP1.33b and 1.4000 puts for GBP1.06b
  • Gundlach says Brexit ‘leave’ is over-polling and likely to fail
• AUD/USD +0.18% to 0.7371 vs 0.7334-0.7373 range
  • Aussie exporter bids approaching 0.7330 remain unfilled, with macro offers still at 0.7380, says trader
  • Pair sold in early session by leveraged investors after MSCI chose not to include Chinese A-shares: trader
  • AUD may stay bid on haven buying if jobs miss: analysis
  • Australia ANZ weekly consumer confidence falls 0.3% to 116.4
• BBDXY -0.06% to 1,188.33
  • 10-year Treasury yield up 1 bp to 1.623%
• USD/JPY +0.08% to 106.19 vs 105.94-106.31 range
  • Brexit risk to keep fueling yen rally while BOJ is seen on hold this week; see preview
  • Yen, volatility begin to stabilize as investors adjust positions before Fed and BOJ meetings, Bank of America says
  • BOJ could be bracing for Brexit with bond buying delay, Nikkei reports
• NZD/USD +0.43% to 0.7023 vs 0.6964-0.7024 range
  • N.Z. posts smallest current account deficit in six quarters
  • May home sales rise 13.6% y/y, REINZ says
• EUR/USD steady at 1.1207 vs 1.1190-1.1214 range
  • ECB’s Weidmann, Constancio speak
• Gold, WTI and Brent crude futures decline; copper rises