US Dollar: Jackson Hole scenarios shape FX risk – MUFG

MUFG’s Derek Halpenny and Abdul-Ahad Lockhart argue that Jackson Hole only becomes a significant FX event for the Dollar when the Federal Reserve Chair delivers a clear policy surprise or commits to future action.
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Euro: ECB vigilance and inflation risks – BNY

BNY’s Geoff Yu highlights that European inflation is firming, with French and Spanish data reinforcing concerns for the European Central Bank (ECB). Governing Council members Kazaks and Schnabel are framed as hawkish voices, stressing the need to prevent persistent price pressures.
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