EUR/USD to Stage Larger Recovery on Dismal U.S. GDP, Dovish Yellen


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Dismal developments coming out of the U.S. may generate a larger recovery in EUR/USD as market participants continue to price a limited chance for a 2016 Fed rate-hike.

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Markets have been quiet, but there are events on the horizon that could shake things up into the end of the week.
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EURO
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The US Dollar may rise as Federal Reserve Chair Janet Yellen boosts rate hike speculation with a much-anticipated speech at the Jackson Hole Symposium.
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Markets are continuing to harbor a dovish expectation for FOMC policy for the remainder of the year, but with the Jackson Hole Economic Symposium set to start at the end of this week, that can all cha...Continue Reading

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