The euro was the big loser in a week that otherwise saw some profit taking on dollar longs. The first week of September is packed with top tier events as traders return from their vacations. Rate decisions in Australia, Canada, Japan, the UK, and most importantly the euro-zone, and US PMIs leading up to the all-important US NFP report; are the major events in our forex calendar. Check out these events on our weekly outlook. It was yet another exciting week in markets, as currency action defied the summer heat. The echoes from Draghi’s Jackson Hole speech hit the euro with a gap, and it could never recover. Mediocre ... (full story)