Weekly FX Update – 24 August 2017 (Video)

It’s been a slow week in financial markets with the Jackson Hole Symposium taking place on Thursday and Friday easily the highlight. With Mario Draghi and Janet Yellen scheduled to appear, what can we expect from this weeks headline?

Next week is shaping up to be much more eventful, with plenty more data on the economic calendar including the all-important US jobs report. By the close of play next week, we could have a much better idea of what we can expect from the Fed in the final months of the year.

Senior Market Analyst Craig Erlam discusses all of these issues and gives his analysis on EURUSD (8:00), GBPUSD (9:07), EURGBP (10:00), AUDUSD (11:33), USDCAD (13:22), GBPCAD (15:04), NZDUSD (15:48), USDJPY (16:40), GBPJPY (17:20) and EURJPY (18:10).

Indices Pare Losses as Jackson Hole Gets Underway

Euro and Dollar Seek Guidance from Jackson Hole

Oil and Gold Consolidate Gains

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.