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Download the 1-page overview to find out from our OFXperts what to watch for key currencies.

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The key FX market drivers in August could be: 

  • Data around economic growth, such as manufacturing and services data or consumer and business sentiment, that could escalate concerns that the global economy will tip into recession
  • Inflation data (CPI), as an indication of future pace of rate hike cycles
  • Commentary from US Federal Reserve policymakers at the Jackson Hole Symposium
  • Shifting risk sentiment, as recession and geopolitical risks heighten or recede 

Euro falls to parity against US dollar, what’s next?

Read the monthly currency news from the OFX currency specialists and keep informed on the macroeconomics of future currency movements in the coming month.

Currency Outlook archive

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