Forex Today: Dollar holds firm supported by economic data – by MSalordFX DollarIndex Currencies Majors
s from Fed officials as they prepare for the Jackson Hole Symposium. In the UK, inflation and employment data will be reported. The RBNZ will have its monetary policy meeting. The RBA will release its meeting minutes, and Australia will report employment figures. Canada's inflation data is also expected to be released.Next week, the US is scheduled to release several important economic indicators.
US Treasury yields climbed higher, with the 10-year yield surpassing 4.15%. Gold experienced a $30 loss and closed near $1,910, while Silver declined by 4.2% to around $22.60 per ounce.had a negative week but found support above the 200-week Simple Moving Average around 1.0940. Several European countries will observe a holiday on Monday. Germany is expected to report a moderation in the annual Wholesale Price Index from -2.9% to -2.6% for July. The ZEW Survey is scheduled for release on Tuesday.
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