ECB Finds Its Footing While FX Intervention and Tariffs Test the Periphery

ECB stance: &quot;Good position&quot; after June rate hike; eurozone CPI cooled to 2.8% in June from 3.2%
FX intervention: BofA flags recent yen and Swiss franc episodes as tools that ripple through reserves and U.S. Treasury trading
US labor: Hiring slowed sharply in June; Fed rate-hike bets scaled back
Irish GDP: Plunged 12% in Q1, with tariffs and multinational tax structures blamed

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ECB Finds Its Footing While FX Intervention and Tariffs Test the Periphery | Lavamgam