ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
US FED chair Janet Yellen is scheduled to speak today at 16:00 GMT and the topic "US Economic Outlook" is just in line with, what might give her the opportunity to explain how she is assessing the progress ahead.
US second quarter has been mixed so far. While housing market have gained traction, jobs market failed to gain back its shin. FED officials are expecting the economy to grow at 2-2.5% in second quarter.
US just added about 223,000 new jobs in June and May pay roll was revised by 36,000 to 254,000.
This week initial jobless claims rose to 297,000. A level which was not seen in many months.
Today's speech by Janet Yellen stands very crucial to understand where her personal view stands. Market as of now is not expecting a rate hike not before September with some even calling December for first rate hike. A lot of time for US economy to recover, however a dovish outlook from Yellen will surely weigh on Dollar.
US dollar is currently trading at 95.57, down -0.73% for the day as hope for a Greek deal pushed money into single currency.
