The U.S. dollar gained some ground today against the major currencies.
The markets are waiting for Yellen's speech on Friday, as well as the outcome from the annual Jackson Hole Economic Policy Symposium, the ‘meeting of the minds’ of Fed policy.
On the euro-dollar hourly chart, the pair is currently trading sideways, ranging between 1.16 and 1.19.
Currently, I am obsessed with S&P 500 and UVXY. No one can time the market, yet some indicator divergence signal a warning.
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