Positioning doesn’t look crowded, which means there’s still room for the dollar to fall if Powell leans dovish at Jackson Hole or if incoming data stay on the weaker side. The risks to this view are stronger-than-expected August data, a revival of foreign inflows into US assets, or renewed China weakness that boosts USD safe-haven demand.
Overall bias: Still short USD, but with event and data risks that could easily swing sentiment in the short term.
This article was written by Arno V Venter at investinglive.com.Hence then, the article about nomura remains short usd into jackson hole was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Nomura remains short USD into Jackson Hole )
Also on site :