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Is Jackson Hole To Be A Currency Event?

From marketpulse.com

There's chatter in the market that Jackson Hole, beginning today, could be a currency event, another type of Plaza accord. Up until now, the market had been solely on the lookout for any hawkish comments from Fed Chair Janet Yellen presentation at the Economic Symposium tomorrow to gauge timing of a change to the US's low interest rate policy. Maybe the Fed's agenda is about to expand? The historic 1985 Plaza Accord, signed at the Plaza Hotel in New York City, was a pro-growth agreement signed by what was then known as the G-5 nations (US, UK, France, Japan and Germany) to depreciate the USD in relation to the JPY ... (full story)

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