The Jackson Hole meeting will have nothing to do with the dollar market.

08月
14
2021-8-14 01:50
share to
Scan QR code with WeChat

The Fed's annual Jackson Hole meeting, scheduled for later this month, could be boring, at least in terms of the impact on foreign exchange trading. Mazen Issa of TD Securities said the impact on euro / dollar volatility before and after the Jackson Hole August 26-28 meeting indicates the stock will remain stable. Traders can find data on nonfarm wage data from September 3 and the Fed's decision on September 22. Per week euro / dollar implied volatility fell almost a percentage point this week to 3.78%, its lowest level since February 2020. “We think the Jackson Hole meeting won't provide much information on the direction of the dollar.

Next:
US Treasury Department Provides Information on Crypto Brokers Interpretation
According to an Aug. 14 report, the US Treasury Department is preparing statements that only cryptocurrency companies deemed to be private companies must comply with rules announced by the IRS to make people peaceful. The cryptography tax rules are very broad. A US Treasury official said there would be no new requirements unless other types of companies that play a key role in this nearly $ 2 trillion cryptocurrency market act as well. as brokers. The director clarified that the finance ministry's instructions will focus on whether its duties comply with personnel tax law, and not authorizing all exemptions provided for by the listed company law. Guidelines could be released as early as next week, according to the warning. (Ten of gold)
2021-8-14 01:13

Weekly News

Recommend