ForexLive European FX news wrap: Yen jumps, dollar slumps; US stocks poised for an off day ...Middle East

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ForexLive European FX news wrap: Yen jumps, dollar slumps; US stocks poised for an off day
Headlines:Japanese yen surge continues in European morning tradeJapan top currency diplomat Kanda says no choice but to respond to speculatorsUS futures fall further as tech shares feel skittishTraders trim BOE rate cut bets for August after inflation dataUK June CPI +2.0% vs +1.9% y/y expectedEurozone June final CPI +2.5% vs +2.5% y/y prelimFed's Williams says rate cut could be warranted in the coming monthsMarkets:JPY leads, USD lags on the dayEuropean equities lower; S&P 500 futures down 1.0%US 10-year yields up 0.8 bps to 4.175%Gold up 0.1% to $2,470.15WTI crude up 0.4% to $81.05Bitcoin up 0.3% to $64,850It was an eventful session with some big market moves this time around in European m

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