Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Investor sentiment was somewhat mixed yesterday …
- In terms of monetary policy, a number of Fed officials made hawkish remarks …
- Meantime, the ECB meeting account for July indicated further policy tightening is likely …
- However, currency markets remained extremely range bound …
- As a result, EUR/USD opens today at the midpoint of $1.16-1.17 once again …
- GBP/USD is in the top half of $1.35-1.36 …
- EUR/GBP remains in the upper part of the 85-86p band …
- Today, the focus will be on Fed Chair Warsh’s speech at Jackson Hole …
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