Bank Board: Bank and Time Tuesday

bank board: The euro was at 1.1277-1277, down from 1.1288-1288, and at 121.50-51, down from 122.21-21. ; Expectations grew for interest rate cuts by the Bank of England and the European Central Bank following BOE Gov, according to The Japan Times. Mark Carney's suggestion of an easing possibility and the nomination of dovish Christine Lagarde, current head of the International Monetary Fund, as next ECB president. At 5 p.m., the dollar stood at 107.74-78, down from 108.26-26 at the same time Tuesday. Speculation about an interest rate cut by the U.S. Federal Reserve was enhanced by President Donald Trump's tweets expressing his willingness to tap two dovish nominees to the U.S. central bank board. But after the dollar breached the 107.60 line, the greenback attracted some buybacks, they also said. Anticipating the Japan-U.S. interest rate gap to shrink, investors continued to sell the dollar against the yen until midmorning, traders said. (news.financializer.com). As reported in the news.