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European Market Update: Fed In Focus At Upcoming Jackson Hole Conference Later This Week

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 22, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The USD was firmer in quiet trade on Monday as hawkish Fed speak on potential rate hike in 2016 thus highlighting the policy divergence trade. TheUSD/JPY pair as additionally supported by dovish BOJ commentary that there was technically room to take rates further into negative territory. USD/JPY pair trying to[​IMG]

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