FXStreet (Bali) - Emmanuel Ng, FX Strategist at OCBC Bank, shares his view on the EUR/USD for Friday, wit all the attention placed on the Jackson Hole Symposium.



Key Quotes



"While the EUR also found some support from better than expected German August PMIs, note that the EZ PMI readings for the same month were mixed to softer than expected."



"In the run-up to Yellen and Draghi later today, market skepticism towards any rebound beyond 1.3330 is expected to mount while 1.3230 may continue to attract."



"As noted previously, any hawkish hints out of the Fed are likely to be juxtaposed against the ECB’s ongoing dovishness and this may continue to weigh on the pair."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    EUR/USD Technical Analysis: Support Below 1.09 in Focus

  2. Forex News

    Trading Video: Dollar Rate View Cools, Risk and Aussie Dollar Look to Carry Banner

  3. Forex News

    EUR/USD print new lows, en-route to 1.09

  4. Forex News

    Standard and Poor’s Rating Downgrades EU Outlook Amidst Sustainability Fears

  5. Forex News

    EUR/USD US session wrap up - FXStreet

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!