{"id":103820,"date":"2020-08-27T09:30:53","date_gmt":"2020-08-27T08:30:53","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=103820"},"modified":"2020-08-27T09:02:49","modified_gmt":"2020-08-27T08:02:49","slug":"104052-eur-usd-pair-to-rise-post-powell","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104052-eur-usd-pair-to-rise-post-powell\/","title":{"rendered":"EUR\/USD: Pair To Rise Post Powell?"},"content":{"rendered":"<p>The Euro US Dollar exchange rate continues to trade quietly ahead of Federal Reserve Chair <a href=\"https:\/\/currencylive.com\/news\/104051-eur-usd-muted-trade-ahead-of-fed-chair-jerome-powells-speech\/\">Jerome Powell\u2019s speech at the virtual Jackson Hole symposium<\/a> later today.<\/p>\n<p>The pair settled flat on Wednesday at US$1.1830 and continues around this level in muted trade.<\/p>\n<p>Fed Powell could use the Jackson Hole platform to pre-announce a paradigm shift in policy to Average Target Inflation. This basically means that inflation will be allowed to remain above the 2% target to compensate for the extended period of time that it has been below the 2% target. In other words, the Fed will be saying that interest rates could stay low for longer. An announcement like this could send the US Dollar lower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro US Dollar exchange rate continues to trade quietly ahead of Federal Reserve Chair Jerome Powell\u2019s speech at the virtual Jackson Hole symposium later today. The pair settled flat on Wednesday at US$1.1830 and continues around this level in muted trade. Fed Powell could use the Jackson Hole platform to pre-announce a paradigm shift [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5549,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1395,1393,1397,1398],"class_list":{"0":"post-103820","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-eur","10":"tag-euro","11":"tag-us-dollar","12":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD: Pair To Rise Post Powell? - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104052-eur-usd-pair-to-rise-post-powell\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/USD: Pair To Rise Post Powell?\",\"datePublished\":\"2020-08-27T08:30:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/\"},\"wordCount\":123,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100614-gbp-eur-uk-jobs-send-pound-lower.jpg\",\"keywords\":[\"eur\",\"euro\",\"us dollar\",\"usd\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104052-eur-usd-pair-to-rise-post-powell\\\/\",\"name\":\"EUR\\\/USD: Pair To Rise Post Powell? 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