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Editors’ Picks
EUR/USD: Hell broke loose at Jackson Hole, US Dollar fall has just begun
The US Dollar found fresh legs throughout the first half of the last week but lost them on Friday, following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. The EUR/USD pair closes the week well above the 1.1700 mark, recovering from a Friday weekly low of 1.1583.
Gold: Bulls wake up as Powell adopts dovish tone at Jackson Hole
Gold gathered bullish momentum and climbed above $3,370 on Friday to end the week on a firm footing. High-impact economic data releases from the United States will be watched closely, with investors reevaluating the Federal Reserve’s policy outlook following Fed Chairman Jerome Powell’s remarks at the Jackson Hole Symposium.
AI boom or bubble? Three convictions for investors
AI 2.0 = from “build it” to “prove it”: Big Tech’s AI investment is already in the hundreds of billions, but monetization remains modest. The cycle is shifting from spending on capacity to delivering productivity and revenue impact.
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