Let’s have a look at the economic calendar.
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.
The market sentiment improved based on an ease of the trade war tensions between China and the US.
What if there's no uptrend or downtrend at the market? How to make money in a sideways market? FBS analyst Elizabeth Belugina will show you how to trade in ranges…
Watch and find out the key levels for EUR/USD, GBP/USD and NZD/USD for today!