Major overnight headlines:
• GBP/USD falls to lowest since mid-March during London session, sub-1.50
• ECB’s Costa says we need to “rethink the nature” of adjustment programmes, Thomson Reuters
• BoJ Quarterly Public Opinion Survey shows Japanese individuals see prices up 2.5% over next 5 years, Bloomberg
• German factory orders down 1.3% MoM in May versus a rise of 1.2% expected
Read the full report: FX Daily
BMO