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Bank of Israel cut its policy rate to 3.50% from 3.75%, in line with expectations.

2026-07-06

Bank of Israel cut its policy rate to 3.50% from 3.75%, in line with expectations.

Other News
2026-07-06

1. JPMorgan Chase: Maintains its USD/JPY target at 164, but believes 164 may not be the final level in the medium to long term. 2. UBS: The yen has room to weaken further once the threat of intervention diminishes; therefore, it sets its USD/JPY tar

1. JPMorgan Chase: Maintains its USD/JPY target at 164, but believes 164 may not be the final level in the medium to long term. 2. UBS: The yen has room to weaken further once the threat of intervention diminishes; therefore, it sets its USD/JPY target at 165. 3. Goldman Sachs: Expects the dollar to remain strong, and therefore raises its one-year USD/JPY target from 155 to 165. 4. Macquarie: Japanese authorities may be preparing for new foreign exchange intervention, but may wait until USD/JPY rises to around 165 before taking action. 5. Royal Blue Bay: If the Bank of Japan fails to significantly adjust its monetary policy stance, the USD/JPY pair could reach 170 or even higher in the long term.
2026-07-06

Ukrainian military says it struck an oil refinery in Russia's Omsk region.

Ukrainian military says it struck an oil refinery in Russia's Omsk region.
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