Dollar Longs Pared as Jackson Hole Gathering is set to Start
Marc Chandler
August 25, 2022
Overview: It seems that many market participants had
the same thing in mind, cut dollar longs before the Jackson Hole gathering. The
Antipodeans lead the majors move, encouraged perhaps by China’s new economic
measures, with around a 1% gain. The euro and sterling are up about 0.35% and
are the laggards. Emerging market currencies are higher as we…
Dollar Longs Pared as Jackson Hole Gathering is set to Start
Reviewed by Marc Chandler
on
August 25, 2022
Rating: