Trading sideways around 0.8500 amid fading bullish traction

The Euro (EUR) nurses moderate losses against the British Pound (GBP), with price action contained within the previous day’s range and market volatility muted, as investors brace for Federal Reserve Chairman Kevin Warsh’s speech at Jackson Hole. The EUR/GBP pair has pulled back to levels near 0.8570 from Thursday’s highs right below 0.8580, with the weekly chart showing marginal…

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Treasury-Fed Tensions Put US Dollar at Risk. Forecast as of 28.08.2026

2026.08.28 2026.08.28 Treasury-Fed Tensions Put US Dollar at Risk. Forecast as of 28.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Before the 2008 global financial crisis, the Treasury handled debt management exclusively. The Fed’s introduction of quantitative easing (QE) changed everything. Now, the Treasury wants to return to the old way. How will the central bank respond? Let’s examine this issue and develop a…

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Month-end fixing to be mildly supportive of the dollar

BofA notes that their month-end rebalancing model is pointing to outflows in EUR/USD and GBP/USD into the month’s fix. The firm says that: “We estimate FX rebalancing needs based on a conventional 60/40 portfolio of global equities & bonds. The underperformance of USD vs GBP & EUR denominated assets over August suggests rebalancing out of GBP (-1.3σ) and EUR…

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XAU/USD resumes profit-taking pullback before Warsh’s Jackson Hole speech

Gold is back in the red below $4,600 early Friday, resuming its corrective decline from 15-week highs of $4,697 earlier this week. Gold’s fate hinges on Warsh’s words Gold bulls are consolidating the upside, awaiting Federal Reserve (Fed) Chairman Kevin Warsh’s debut at the annual Jackson Hole Symposium. In doing so, traders are continuing to take profits off the table,…

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Financial & Forex Market Recap – August 27, 2026

Nvidia’s blockbuster revenue outlook powered technology stocks and steadied the AI trade, lifting the S&P 500 even as most of its members fell. Oil led the broad market with a roughly 2% gain on renewed Strait of Hormuz supply worries, while the dollar drifted to a mixed, arguably net weaker finish against the majors ahead of Friday’s Jackson Hole…

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