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Recurring series

Bank J. Safra Sarasin

FX Daily Commentary

Finvaulta tracks 5 editions of FX Daily Commentary from Bank J. Safra Sarasin, published between July 21, 2026 and August 28, 2026. Each edition is summarized on its own page.

Latest edition · August 28, 2026

fx daily commentary

FX markets were largely quiet ahead of the Jackson Hole symposium, with the Bloomberg Dollar Index holding steady at 1194.32 and EURUSD hovering at 1.1653. Hawkish comments from Federal Reserve officials and Middle East tensions supported higher yields and lifted Brent crude by 2.12%.

Markets traded in suspense ahead of Fed Chair Kevin Warsh's keynote speech at the Jackson Hole symposium. Overnight data revealed US jobless claims dropped to 203,000, while Fed officials Collins and Hammack highlighted persistent inflation concerns and openness to further rate hikes. In Europe, ECB minutes showed policymakers weighed rate increases to offset Iran war fallout. EURUSD maintained a neutral stance between 1.1565 and 1.1710, while Brent crude rallied over 2% amid geopolitical friction with Iran.

Read the latest edition in full

Key takeaways from the latest edition

  • 1.US initial jobless claims fell to 203,000 while Fed officials Collins and Hammack signaled potential willingness for further rate hikes if inflation fails to cool.
  • 2.The Bloomberg Dollar Index was steady at 1194.32 ahead of Fed Chair Warsh's Jackson Hole address; EURUSD holds a neutral bias between 1.1565 support and 1.1710 resistance.
  • 3.Brent crude climbed 2.12% following reports that US President Trump is not interested in returning to the Iran memorandum of understanding terms.

What this series covers

  • Suspense
  • Important Legal Information
  • Important Notice
  • Singapore

Edition archive

Series at a glance

Editions tracked
5
First edition
July 21, 2026
Latest edition
August 28, 2026
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