• August 19, 2024

Bearish dollar momentum building; sterling hits one-month high

The U.S. dollar fell Monday ahead of the release of minutes from the Federal Reserve's July policy meeting and Chair Jerome Powell's upcoming speech at Jackson Hole later this week. The minutes, due on Wednesday, and Powell's speech on Friday are likely to be the main drivers of currency movement for the week, and traders expect a dovish tone to emerge. “The signs are subtle, but bearish dollar momentum is starting to build,” said analysts at ING, in a note.

  • August 18, 2024

AI FinFlare Market Outlook for August 19, 2024

Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=ub2dBuDwcRU VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the Vantage Point AI ...