XE Market Analysis: Europe – Aug 21, 2019

The main currencies have been steady so far today amid a backdrop of sputtering stock markets as market participants wait on upcoming central bank signals from today’s publication of the FOMC minutes from the recent Fed meeting and from the upcoming gathering of central bank policymakers at the Jackson Hole Symposium. Investors are also monitoring trade negotiation, most likely with a degree of trepidation for the lack of concrete signs of progress, whether on the U.S. versus China, U.S. versus Japan or U.S. versus EU fronts.