Weekly Fundamental US Dollar Forecast: More Tapering Hints At Jackson Hole
August 21, 2021 at 14:44 PM EDT
The US dollar added +1.01% last week, moving up to fresh highs as traders have begun to anticipate a faster-than-expected timeline to the Fed's stimulus withdrawal. EUR/USD rates dropped -0.81% and closed below 1.1700 for the first time since 2020.