Video: Debt Ceiling Fears Compete with Jackson Hole for Dollar Bearing

Talking Points:

• US President Donald Trump revived fading political fears with a threat to shut down the government if budget demands not met
• Kiwi proved the biggest mover on the day on Government growth downgrade, but NZD/USD setup not as appealing as AUD/NZD
• The Jackson Hole Symposium is set to start Thursday with risk trends and EUR/USD clearly fixated on the implications

Speculative futures traders are still holding excessively long EUR/USD and short Dollar positions. How are retail FX traders positioning for both the benchmark pair and currency. Check out the DailyFX Sentiment readings to find out. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

Read the full article here:
https://www.dailyfx.com/forex/video/daily_news_report/2017/08/24/Debt-Ceiling-Fears-Compete-with-Jackson-Hole-for-Dollar-Bearing.html

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@JohnKicklighter



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