Let’s have a look at the events that will affect market moves.
EUR/USD: forecast for August 21-25
The ECB President Mario Draghi will address a conference in Germany on Aug. 23, and two days later attends the US Federal Reserve’s Jackson Hole symposium. According to a Reuters, Draghi won’t deliver a new policy message in Jackson Hole. At the same time, taking into account low inflation in the euro area and other developed economies, any comments on this point will have an impact on the market.