Holly Thompson
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Buck holds firm in holiday trade
Euro hovers near 10-week bottom, sterling catches a holiday respite, and spotlight shines on Canada’s economy.
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Dollar looks to Jackson Hole speeches for direction
Euro falls to 10-week low under 1.08, sterling hits 10-week low below 1.26, and C$ treads water; oil tops $80.
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Markets to dissect Powell’s speech today
Dollar climbs to 2-month high, reality catching up to the euro, and pound slumps to 10-week low.
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Dollar steadies as Fed summit gets underway
ECB rate hike uncertainty weighs on euro, weak data leads to dovish repricing of UK rate outlook, and USD/CAD eases below 1.36.
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Risk appetite improves as Jackson Hole kicks off
Dollar dips despite surging yields, pound eyes 200-day moving average, and 6% peak back on the table.
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Global weakness adds traction to dollar’s upswing
Poor data hints at ECB rate pause, sterling falls toward late June bottom, and C$ slips to 11-week low.