The US Dollar has put in a massive move since last week’s breakout, and price is standing off at the highs – will bulls force another break to fresh 19-year-highs?
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The US Dollar has put in a massive move since last week’s breakout, and price is standing off at the highs – will bulls force another break to fresh 19-year-highs?
from DailyFX – Market News https://bit.ly/3pDnFsq
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Durable goods data comes in flat for the month of July as the US Dollar continues to trek higher ahead of Jackson Hole.
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Markets are digesting a darkening economic outlook as well as more hawkish comments by Fed members with the Jackson Hole symposium lying in wait
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USD/ZAR trades cautiously as markets keenly anticipate the upcoming Jackson Hole Symposium
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Representatives of the Fed will bring a hawkish tone to the Jackson Hole event while Russian gas supply remains Europe’s Achilles’ heel as supply disruptions loom.
from DailyFX – Market News https://bit.ly/3PPGRxA
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