ForexLive European FX news wrap: Dollar steady ahead of retail sales; RBA on hold ...Middle East

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ForexLive European FX news wrap: Dollar steady ahead of retail sales; RBA on hold
Headlines:RBA leaves cash rate unchanged at 4.35%, as expectedRBA's Bullock: We did not consider the case for a rate cut todayRBA's Bullock: We need a lot to go our way to bring inflation back to rangeECB's de Guindos: Best time to make rate decisions is together with updated projectionsGold stays in consolidative mode but the technical risks are growingGermany June ZEW survey current conditions -73.8 vs -65.0 expectedEurozone May final CPI +2.6% vs +2.6% y/y prelimCiti raises S&P 500 year-end target to 5,600 from 5,100 previouslyMarkets:CHF leads, NZD lags on the dayEuropean equities slightly higher; S&P 500 futures flatUS 10-year yields up 1.2 bps to 4.290%Gold down 0.4% to $2,310.01WTI cr

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