Yen Trades Range-Bound Against Dollar

JPY volatility keeps it range-bound against USD The Japanese Yen has experienced volatile swings, resulting in a range-bound trade against the US Dollar. The USD/JPY pair briefly spiked to 160.69 before dropping to 159.64, leaving the intraday outlook mixed.

Spain Inflation Holds Steady at 3.2% in May

Final Spanish CPI matches preliminary data, while core inflation rises to 3.0% year-over-year, exceeding prior levels. Spain’s May consumer price index remained unchanged at 3.2% year-over-year, aligning with preliminary estimates. The harmonized index of consumer prices (