DailyFX Senior Currency Strategist Christopher Vecchio discusses the major data due over the coming week and how they will impact FX markets.
While the calendar is thinner in the coming days with isolated pockets of event risk, there is a major event that will draw everyone’s attention: the Federal Reserve’s Jackson Hole Economic Policy Symposium.
There are sweeping implications for the Euro and the US Dollar, with both the ECB President Mario Draghi and the Federal Reserve’s Janet Yellen Yellen set to deliver key speeches.
Topics covered include:
– At what point will the US Dollar’s August uptrend turn into a more sustainable bottom?
– Why might ECB President Draghi’s speech be a classic case of ‘buy the rumor, sell the news’?
– What do the Japanese Yen and Gold tell us about the state of risk appetite in global markets?