US Dollar Stability Sparks Shift in Currency Markets
The US Dollar has stalled after the Jackson Hole economic summit in August, and this stability is expected to impact currency pairs.
Kelvin Wong of OANDA notes that five currency pairs are particularly worth watching in September as a result: USD/JPY, EUR/USD, GBP/USD, AUD/USD, and USD/CAD.
The stability of the US Dollar is causing investors to reassess their positions and make adjustments accordingly. The five mentioned currency pairs are expected to be affected by this shift in market sentiment.