The Markets Await Jackson Hole

The U.S. dollar gained some ground today against the major currencies.

The markets are waiting for Yellen’s speech on Friday, as well as the outcome from the annual Jackson Hole Economic Policy Symposium, the ‘meeting of the minds’ of Fed policy.

On the euro-dollar hourly chart, the pair is currently trading sideways, ranging between 1.16 and 1.19.

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