ECB’s Hansson: Second round inflation effects have been contained so far

More comments from ECB’s Hansson flowing on the wires:

Expects an only gradual increase in inflation

Second round inflation effects have been contained so far

Gold regains poise, set to test $ 1250 ahead of FOMC?

The bullion ran through fresh bids during the European session, now pushing further towards $ 1250 mark as we head closer towards the Fed interest rate decision.
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USD/JPY bounces-off 111, tests 5-DMA before FOMC

The US dollar managed to recover losses versus its Japanese counterpart in the European session, now pushing USD/JPY to fresh daily highs on 111 handle.
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