The US dollar rebounds as markets focus on the Federal Reserve's speech at Jackson Hole
2026-08-27 20:26:29
According to CoinMeta, the US dollar showed signs of recovery on Thursday as investors focused on the policy signals from the Federal Reserve at the Jackson Hole Symposium. Data indicated that inflation rose more than expected in July, leading markets to expect interest rates to remain high before the end of this year. The euro fell by 0.1% against the US dollar, and the pound also declined slightly by 0.1%. The US Dollar Index rose by about 0.3% this week and is currently near its weekly high. Analysts said that the support for the US dollar lies in the US economy continuing to outperform other major economies. Markets do not expect the Federal Reserve to adjust interest rates in September, but there is a 74% chance of a 25-basis-point rate hike in December.
Source:Internet
This content is for market information only and does not constitute investment advice.
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