IMF’s Gourinchas: We are a bit concerned about recent banking sector turbulence

International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas said on Tuesday, “we are a bit concerned about recent banking sector turbulence.”

“So far authorities have been able to react quickly to banking sector turbulence, but we are not at the end of the story,” Gourinchas added.

NZD/USD trades with modest losses around 0.6330 area, downside seems cushioned

The NZD/USD pair edges lower on Tuesday and for now, seems to have snapped a five-day winning streak to over a one-month high touched the previous day
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GBP/USD eyes fresh multi-month high above 1.2600 amid hawkish BoE bets, US default woes

GBP/USD renews its intraday high near 1.2635 as it reverses the previous day’s corrective pullback from the multi-month top heading into Tuesday’s Lon
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