Dollar Stalls at Jackson Hole: 5 Currency Pairs to Watch in September

The US Dollar has stalled after the Jackson Hole event, leading to fluctuations in currency pairs. According to Kelvin Wong from OANDA, five key pairs will be worth watching in September: EUR/USD, USD/JPY, GBP/USD, AUD/USD, and USD/CAD.

The dollar's weakness is a result of the Federal Reserve's decision not to raise interest rates at Jackson Hole. This has led to a drop in the value of the US currency against other major currencies.

The EUR/USD pair, in particular, is expected to rise as the euro gains strength due to the European Central Bank's accommodative monetary policy.