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Monthly archive August, 2016

Investors square positions ahead of Yellen’s Jackson Hole speech

The dollar eased on Thursday as forex investors squared positions before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen is expected to speak today and may provide new guidance on US monetary Read More →

EUR/USD: Upside Still Limited To 1.1450; Yellen Unlikely To Deliver – BTMU

EUR/USD – NEUTRAL BIAS – (1.1150-1.1450)

The performance of the US dollar in the week ahead will be dictated by the market’s interpretation of Fed Chair Yellen’s speech at Jackson Hole.

We believe that Fed Chair Yellen is Read More →

Markets remain contained; overall sentiment verges to negative

USD traded higher troughout yesterday’s session but the US Dollar index (DXY) failed a few pips ahead of 95.00 levels. We now see it pull back a little and trading 94.74 levels, this lack of conviction in any direction is Read More →

FOMC Members Into 2017: An Exhibit For Hawks Vs Doves – Westpac

There has been a changing of the guard at the FOMC over the past year, with 3 new regional Fed presidents set to vote for the first time in 2017. Washington DC-based Fed governors have also drawn more interest than Read More →