Federal Reserve Chairwoman Janet Yellen is set to take part in a discussion on the state of the global economy at the Royal Academy in London. Investors expect Yellen to reiterate her positive views on the US economy despite a recent batch of lacklustre data, which should lend further support to the Fed's projection of lifting interest rates once more before the year ends.
Also in focus is the fourth annual ECB Forum on Central Banking, currently taking place at the Portuguese hilltop resort of Sintra, with Mario Draghi scheduled to deliver the introductory speech at 09:00 GMT. USDJPY was last seen around 111.700, reversing from a one month high of 112.075 reached overnight with the break above the most recent high potentially unlocking further upside in the pair.
Dollar Holds Ground Against Yen
Daily Analysis - 27/06/2017