Analysis

Wrap up: Dollar attempting a recovery ahead of key events

The greenback is taking advantage of the good new home sales and ahead of the Jackson Hole Symposium and staging a recovery. Durable goods orders and updated GDP are also eyed as traders return from their vacation. Will the dollar rise as the summer nears the end? Also note the rumors regarding a freeze or cut in oil production, something that has proved unreliable in the past, but still rattles markets. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.