- Japan released its monetary policy statement. The Bank of Japan (BOJ) kept its policy unchanged, as expected. The BOJ reiterated its commitment to maintaining its ultra-loose monetary policy stance.
- The US released its preliminary University of Michigan consumer sentiment index. The index rose to 63.9 in June, from 59.2 in May. The increase in the index was due to improved expectations for the future.
- The US Treasury Department released its currency report. The report showed that the US dollar’s share of global foreign exchange reserves fell to 58.6% in the first quarter of 2023, from 60.2% in the fourth quarter of 2022. The decline in the dollar’s share was due to increased demand for other currencies, such as the euro and the Japanese yen.
Signal Setups 