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Greenback Treads Water Ahead Of Powell Speech

LATAM
  • All eyes on the Jackson Hole Policy Symposium that officially began late yesterday. The headline event comes at 1500BST/1000ET, with Fed Chair Powell making his address. Markets will be on watch for any policy signals ahead of September's FOMC meeting, for which markets remain split over a 50 or a 75bps rate hike.
  • USD Index remains unchanged on Friday with EURUSD and USDJPY trading within close proximity to parity and 137.00 respectively.

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