25 August 2016 at 9:31 GMT
John J Hardy
John Hardy, head of FX strategy at Saxo Bank, discusses how the forex markets may move following Federal Reserve chair Janet Yellen’s speech at Jackson Hole on Friday.
He says the major currencies are in tight ranges ahead of Yellen’s statement at the annual conference for global central bankers in Wyoming.
The key is the Fed’s long-term signalling on policy and the dollar’s reaction to future US data, explains Hardy.