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Bailey speech: Ukraine's goal for price stabilty 'credible and critical'

Bank of England Governor Andrew Bailey said on Friday, "you (Ukraine's central bank) have been very clear in public that after the security risks abate and appropriate macroeconomic conditions are established in place, you will return to conventional inflation targeting.”

"Ukraine's commitment to get back to established inflation-targeting regime after security risks abate strikes me as credible and critical," Bailey added.

NZD/USD Price Forecast: Trades cautiously around 0.6000

The NZD/USD pair trades in a limited range near the psychological level of 0.6000 during European trading hours on Friday. The Kiwi pair consolidates as investors seek clarity on the next action by the United States (US) on Iran.
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USD/CHF consolidates above mid-0.8100s; remains close to weekly high set on Thursday

The USD/CHF pair lacks a firm intraday directional bias on Friday and oscillates in a narrow band, just above mid-0.8100s through the first half of the European session.
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