Jackson Hole is the focus, its a virtual meeting so there will be no back-room deals (or poker games).
Earlier previews of the event:
The theme of the symposium is:
Earlier previews of the event:
The theme of the symposium is:
Schlagwort-Archiv: EUR
CFTC commitment of traders: EUR longs remain near record levels
Weekly FX speculative positioning data from the CFTC
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
– EUR long 197K vs 200K long last week. Longs trimmed by 3K
– GBP long 7K vs 3k short last week. Positioned reversed to long.
S&P and NASDAQ index close at record highs
Dow industrial average leads the way
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.
Texas Covid cases rise by 5023 vs. 4923 yesterday
Texas COVID
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.
Forexlive European FX News 21 Aug – Weak flash PMI’s send EURUSD tumbling + Brexit woes drag on cable
USD strength
Other markets
– FTSE: -0.09%
– Euro Stoxx:-0.10%
– Dax: -0.6%
– Gold: -0.68%
– Bitcoin: -1.13%
The session started with a positive handover from Asia .
Other markets
– FTSE: -0.09%
– Euro Stoxx:-0.10%
– Dax: -0.6%
– Gold: -0.68%
– Bitcoin: -1.13%
The session started with a positive handover from Asia .
ONS on latest UK COVID-19 data.
Office for National Statistics
Dollar strongest against the GBP and the EUR
USD gains
The USD has gained most against the GBP and the EUR after weak European PMI’s and the usual Brexit doom and gloom.
The US PMI due later will be key for the next turn in the dollar as European traders start to head for lunch.
The USD has gained most against the GBP and the EUR after weak European PMI’s and the usual Brexit doom and gloom.
The US PMI due later will be key for the next turn in the dollar as European traders start to head for lunch.
Cable to break support at key weekly trend line?
Brexit woes drags down Cable
Cable finds some temporary support from the key weekly trend line as sellers take some profit after a flurry of negative Brexit talk from and the chief negotiators. A break of this level to the downside will be significant.
Cable finds some temporary support from the key weekly trend line as sellers take some profit after a flurry of negative Brexit talk from and the chief negotiators. A break of this level to the downside will be significant.
Dollar Index pushed higher towards yesterday’s highs at 93.22
USD strength
r and no progress in Brexit talks have pushed . This has given the USD strength.
Weak PMI’s have dragged the EURUSD lowe
GBPUSD down through a key weekly trend line
r and no progress in Brexit talks have pushed . This has given the USD strength.
Weak PMI’s have dragged the EURUSD lowe
GBPUSD down through a key weekly trend line
ECB: Recent positive market developments not fully backed by economic data
ECB releases the account of its July 2020 monetary policy meeting
– Financial market conditions had continued to normalise
– They remain tight and more fragile than before the pandemic
There isn’t anything new with regards to the ECB’s policy stance and their take on recent economic developments. They are very much in wait-and-see mode right now but
– Financial market conditions had continued to normalise
– They remain tight and more fragile than before the pandemic
There isn’t anything new with regards to the ECB’s policy stance and their take on recent economic developments. They are very much in wait-and-see mode right now but