Forex
US Dollar Stalls After Jackson Hole: 5 Key Currency Pairs to Watch
As the US Dollar stalls after the Jackson Hole economic symposium, five currency pairs are expected to be closely watched in September. According to Kelvin Wong for OANDA, these pairs include the EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD.
The EUR/USD is seen as a key pair to watch, with some analysts expecting it to break above 1.20. This would mark a significant level for the euro against the US dollar, which has been under pressure in recent months.
Other pairs, such as the USD/JPY and GBP/USD, are also expected to be volatile due to ongoing trade tensions between the US and its major trading partners.