USD Weakness prevails -Video Analysis

USD Weakness prevails –  The Pound and Swiss franc, have been the best performing currencies of the day. Meanwhile, dollar weakness continued, following Friday’s Yellen speech at Jackson Hole, which provided no fresh clues on Fed policy, and has seen the FX market price out more rate hike action through the remainder of the year. Today, USDCAD printed four week lows of 1.2443, while cable reclaimed the 1.29 handle earlier.

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Stuart Cowell

Senior Market Analyst


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