The Traderszone Network

Published in TZ Latest News 24 August, 2014 by The TZ Newswire Staff

CME Delays Futures Opens Due To "Glitch"; USD Jumps On EUR, JPY Weakness

It appears – judging from FX markets this evening – that consensus on Jackson Hole is Yellen was more hawkish and Draghi & Kuroda more dovish than expected. The USD index is pushing on towards one-year highs as EUR is down 50 pips (not helped by a dovish FT article on deflation fears) to 11-month lows, and USDJPY broke to as high as 104.45 (weakest JPY in 7 months). In addition to this action, the CME confirms all Futures products will have a delayed opening due to technical issues with NO estimated opening time.

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