International News
EURUSD was up 0.18% at 1.3282 whilst the dollar traded lower against most major currencies on Thursday despite a fresh crop of otherwise bullish data hitting the wire, highest reading since April 2010. This due to minutes of its July policy meeting on Wednesday, and the document revealed that interest rates could come sooner rather than later if the labor market continues to recover, which initially bolstered the dollar. All eyes today will be on Federal Reserve Chair Janet Yellen's speech in a Jackson Hole
Yellen will provide dovish words to complement the hawkish minutes in order to convey to markets that even though rates will rise, monetary authorities will make sure they do so gradually [...]
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