Market Comment – Dollar under pressure ahead of Jackson Hole Symposium
Posted on August 20, 2024 at 7:54 am GMTStocks in the green again as investors await the Jackson Hole gathering Economists look for strong Fed easing in 2024 despite recession talk dissipating Dollar remains on the back foot against most currencies Aussie fails to benefit from hawkish minutes; loonie could suffer from weak CPI Stocks still in the green Stocks continue to enjoy green sessions as the market is counting down to Friday’s Jackson Hole speech by Fed Chairman Powell. Expectations for a dovish appearance are keeping equities [..]