{"id":111583,"date":"2017-08-24T00:14:21","date_gmt":"2017-08-24T04:14:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=111583"},"modified":"2017-08-24T00:14:21","modified_gmt":"2017-08-24T04:14:21","slug":"trading-tentative-ahead-of-jackson-hole-central-bankers-meeting-24-8-2017","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/08\/trading-tentative-ahead-of-jackson-hole-central-bankers-meeting-24-8-2017\/","title":{"rendered":"Trading Tentative Ahead Of Jackson Hole Central Bankers Meeting 24-8-2017"},"content":{"rendered":"
August 24, 2017<\/div>
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By<\/b> Mexgroup.com<\/a><\/p>\n

Dollar Pressured By Trump Comments On Government Shutdown<\/strong>.\u00a0<\/strong>The dollar slid down as investors began to take seriously threats of Trump\u2019s government shutdown\u00a0over funding for a wall on the Mexican border.\u00a0The dollar fell 0.55 percent to 108.96 yen, with the dollar index slipping 0.4 percent to 93.167.<\/p>\n

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Euro Gains On Positive Eurozone Data<\/strong>.\u00a0<\/strong>The euro recouped some of its losses from the earlier trading session as traders kept their hopes up for tapering remarks in Draghi\u2019s Jackson Hole speech.\u00a0The upbeat survey was the latest sign of economic recovery in the single currency bloc, which may lead the European Central Bank to start scaling back its stimulus program.\u00a0The euro was propped up by strong German and French PMI survey readings (both countries registering strong private-sector growth in August), although analysts warned its gains could be short-lived due to concerns about heavy one-sided bets. The euro rose 0.5 percent to $1.1818.<\/p>\n

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New Zealand Posts First July Trade Surplus Since 2012<\/strong>.<\/strong>\u00a0The New Zealand Dollar appreciated against its major counterparts after July\u2019s merchandise trade balance crossed the wires. New Zealand\u2019s monthly trade surplus came in at 85m as opposed to a forecasted deficit of 200m.<\/p>\n

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British Pound Is Subject To A Negative Bias At Present<\/strong>.<\/strong>\u00a0Sterling fell below $1.28 for the first time since late June. Concerns about Britain\u2019s economic prospects and the Brexit process encouraged investors to push the pound lower.<\/p>\n

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Oil Steady On Falling Crude Inventories.\u00a0<\/strong>Oil prices were little changed in early trade on Thursday, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market.<\/p>

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Gold Eases Ahead Of Central Bankers Meeting.\u00a0<\/strong>Gold edged lower early Thursday, giving up some of its gains made after U.S. President Donald Trump\u2019s threat of a government shutdown, while investors began to focus on a major central bankers\u2019 conference in Jackson Hole.<\/p>\n

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Watch Out This Week For:\u00a0<\/strong><\/p>\n

THURS., FRI., 24h:\u00a0USD Jackson Hole Symposium<\/strong><\/p>\n

By MEG GROUP TEAM<\/strong><\/p>\n

The post Trading Tentative Ahead Of Jackson Hole Central Bankers Meeting 24-8-2017<\/a> appeared first on mexgroupblog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Mexgroup.com Dollar Pressured By Trump Comments On Government Shutdown.\u00a0The dollar slid down as investors began to take seriously threats of Trump\u2019s government shutdown\u00a0over funding for a wall on the Mexican border.\u00a0The dollar fell 0.55 percent to 108.96 yen, with the dollar index slipping 0.4 percent to 93.167. \u00a0 Euro Gains On Positive Eurozone Data.\u00a0The […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-111583","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=111583"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111583\/revisions"}],"predecessor-version":[{"id":111584,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/111583\/revisions\/111584"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=111583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=111583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=111583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}