XE Market Analysis: North America – Aug 24, 2017

EUR-USD drifted below 1.1800, extending the modest downward drift from yesterday’s post-PMI high at 1.1823. Position trimming appears to in play ahead of tomorrow’s speeches by Fed’s Yellen and ECB’s Draghi from the Jackson Hole symposium. USD-JPY settled in the lower 109.0s, so far holding comfortably within yesterday’s range, lacking directional bias.

Source: XE news feed
XE Market Analysis: North America – Aug 24, 2017