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Bundesbank's Dombret: ECB expansionary monetary policy "very much justified"

Andreas Dombret, a director at Germany's Bundesbank, crossed the wires in the last hour, with the key quotes, via Reuters, found below:

  • Where perspectives do differ, though, is on how strongly the ECB should step on the monetary policy pedal and what instruments it should use
  • The signs of a sustained turnaround in terms of inflation are muted, so far
  • There is, therefore, a broad consensus on the whole that an expansionary monetary policy is very much justified

Balance of risk appears to favor near-term JPY strength - Scotiabank

Analysts at Scotiabank explained that JPY is up modestly from Friday’s close, a mid-performer among the G10.  Key Quotes: "The broader tone remains
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USD/JPY: testing a critical support area, July 2016 high at 107.49 on the map?

Currently, USD/JPY is trading at 108.71, down -0.43% on the day, having posted a daily high at 109.44 and low at 108.64. weighed by further Nikkei de
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