ForexLive European FX news wrap: Franc, sterling fall after central bank decisions ...Middle East

Headlines:BOE leaves bank rate unchanged at 5.25%, as expectedAugust back in the picture for the BOE?SNB cuts key policy rate by 25 bps to 1.25% from 1.50% previouslySNB chairman Jordan: FX intervention can be in both directionsSwiss franc falls as SNB continues with rate cutsECB's Knot: Optimal policy path is broadly in line with just under three rate cuts in 2024Japan top currency diplomat says there is no limit to FX intervention resourcesGermany May PPI 0.0% vs +0.3% m/m expectedSwitzerland May trade balance CHF 5.81 billion vs CHF 4.32 billion priorMarkets:AUD leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.4%US 10-year yields up 2.7 bps to 4.243%Gold up 0.5% to

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