BRICS & Jackson Hole Oppose Rand Upside

RAND TALKING POINTS & ANALYSIS Falling SA inflation hinders ZAR upside. SA stock and bond outflows a concern. USD/ZAR exhibiting hesitancy ahead of key economic data. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/ZAR FUNDAMENTAL BACKDROP The rand is steadily

Jackson Hole roundup: What did the central banksters say?

A summary of what was remarked in Jackson Hole on Friday and over the weekend Justin Low Monday, 28/08/2023 | 04:08 GMT-0 28/08/2023 | 04:08 GMT-0 Here’s a roundup of the headlines, in case you missed the happenings from Jackson Hole: All in all, there wasn’t anything really new that was offered up – as

Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, JGB, Yields, Ueda, Powell – Talking Points USD/JPY is contemplating new peaks after reaching higher this week The BoJ and the Fed appear to be on differing paths, and it might assist USD/JPY The moves in Treasury yields might hold the key for USD/JPY direction Trade Smarter –

Dollar strengthens ahead of Powell’s Jackson Hole speech By Investing.com

© Reuters. Investing.com – The U.S. dollar rose in early European trade Friday, climbing to a two-month high as traders positioned for hawkish comments from Federal Reserve Chair Jerome Powell at Jackson Hole. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at

ECB, Fed in Focus Ahead of Jackson Hole, PCE & NFP Next

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De-risking ahead of Fed Chair’s Jackson Hole speech: Brent crude, AUD/JPY, EUR/USD

Market Recap Initial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight. The VIX was up 7.6% as a reflection of increased hedging activities, while market sentiments (from the CNN Fear and

Oil Prices Stabilize Ahead of Powell’s Jackson Hole Speech on Friday

Oil (Brent Crude) Analysis Easing US yields, USD and EIA storage data help oil recover losses Markets look ahead to Powell’s Jackson Hole speech Longer-term outlook for oil remains bullish in a tight market as USD stays elevated The analysis in this article makes use of chart patterns and key support and resistance levels. For

USD/JPY Claws Back Up, Jackson Hole Focus Trumps Durable Goods Weakness

USD/JPY Analysis and Charts USD/JPY took back some of the previous session’s weakness Weak Durable Goods Orders had only a modest effect on the pair Investors are focused on what Jerome Powell has in store for them Recommended by David Cottle How to Trade USD/JPY The United States Dollar still finds buyers against the Japanese