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Jackson Hole – high hopes could be shattered [Video]

Fed Chair Janet Yellen and quite a few other senior central bankers gather in Jackson Hole. Will we get some clarity on the future of monetary policy? Bernanke did that in the past, but Yellen skipped the chance or skipped the event altogether. While a rate hike in September is off the cards, markets are wondering whether the USD remains the cleanest shirt in the dirty pile or just another currency with a low-interest rate attached to it. The timing means volatility could be quite significant.

Video preview of the upcoming Jackson Hole Symposium:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.