Dollar Bid and Rates Firm Ahead of Powell
Marc Chandler
August 25, 2023
Overview: The euro and sterling took
out important chart levels near $1.08 and $1.26, respectively. They have
steadied in the European morning but remain fragile ahead of Fed Chair Powell's
speech at Jackson Hole. A couple of ECB officials sounded a bit hawkish and a
less hawkish comment by ECB President Lagarde could renew the pressure on the…
Dollar Bid and Rates Firm Ahead of Powell
Reviewed by Marc Chandler
on
August 25, 2023
Rating:
