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 ignores Greek referendum poll

  2. Forex News

    EUR/USD forecast: eyes on the referendum – Commerzbank and OCBC Bank

  3. Forex News

    EUR/USD Technical Analysis: 3-Month Trend in the Balance

  4. Forex News

    EUR/USD flat below 1.1100

  5. Forex News

    Video: Expectations of EURUSD and USDJPY Breaks Pushed to Next Week

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!