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EUR/USD Forecast Aug. 29 – Sep. 2

From forexcrunch.com

EUR/USD struggled to continue higher and eventually collapsed in a late dollar rally. The turn of the month features inflation and inflation data among other figures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Euro-zone PMIs came out slightly below expectations, and also the IFO survey fell short of expectations. This was a light drag on the euro. In the US, new home sales were encouraging, and also durable goods orders beat expectations. On the other hand, GDP did not provide a surprise and Yellen remained cautious in Jackson Hole but her "strengthening case" ... (full story)

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