US San Francisco Fed's Williams speaking in Sydney again 27 June

  • sees inflation rising to 2% in next year or so
  • US has regained, even surpassed , full employment
  • US and other developed nations headed for growth slump

That last comment perhaps adding to USD supply coming as it does on top of various talk recently about US rate hikes leading to recession.

USDJPY down to 111.46 , now 111.57 with EURUSD 1.1235 from 1.1242. GBPUSD 1.2743 capped by EURGBP rising to 0.8822

AUDUSD up to 0.7620

Only one pair of hands so apologies for not being able to type both Williams and Draghi at the same time !

US Fed's Williams - Growth slump on the way