European Session – Dollar steady after US personal spending data, focus turns to Jackson Hole
Posted on August 28, 2015 at 2:16 pm GMTRisk sentiment was on the soft side as markets began to turn their focus on upcoming key events week, beginning with this weekend’s Jackson Hole Symposium of central bankers, next week’s ECB meeting and the all important US non-farm payrolls report. The main data point in the European session was the second estimate for UK Q2 GDP. This time around, the reading was left unrevised at 0.7% on the quarter. The pound only briefly rose on the data before resuming [..]