Weekly Market News, 24 August 2026: Markets Cut the Odds of a September Fed Rise to Approximately 38%
Currency moves rarely make the morning headlines, yet for globally mobile families they quietly shape pension income, property plans, school fees and everything that crosses a border. Each week we share the Market News from our partners at Agility Forex, the currency specialists we partner with for our currency exchange service, so you can see the macro picture that matters when your financial life spans more than one country.
In last week's edition three softer American readings moved the market's own view of the Federal Reserve by 22 percentage points in a month. This week the same theme widened to two continents. Markets cut the odds of another Bank of England rise before December to 63% from 84%, and cut the odds of a Federal Reserve rise in September from around 85% in July to approximately 38%. Both moved in the same direction, and the source records no decision by either bank in the week it reviews. Sterling and the euro both reached multi-month highs against a Dollar that had lost some of its support. Here is what happened, and here is the week of 24 August 2026.
Key figures this week
Paratus note: the Provenance column states, for every row, where the figure came from and how it was published, because the difference between an exact value and an approximate one decides what a reader is entitled to conclude from it. This week that distinction does real work: the two central bank re-pricings are published to different standards inside the same email. All market figures are as published by Agility Forex in the commentary reproduced further down this page. Two rows are not: the symposium dates and topic are the organiser's and are cited in full below, and one row is arithmetic and is marked as ours. Rows marked "Not published" record what the commentary does not state, which is as much a part of the week as what it does.
Measure | Value | Provenance | Detail |
|---|---|---|---|
GBP/USD, high for the week | 1.3675 | Published exactly | Described as a six-month high reached during the week |
EUR/USD, high for the week | 1.1711 | Published exactly | Described as a three-month high touched during the week |
Chance of a Bank of England rise before December | 63% | Published exactly | The market's own pricing, not a Bank statement |
The same chance, earlier this month | 84% | Published exactly | The comparison the source itself draws |
The change between them | 21 percentage points | Paratus arithmetic on two exactly published values | Subtraction, not a separate published figure |
Chance of a Federal Reserve rise in September | Approximately 38% | Published as an approximate value, qualified "approximately" | The qualifier is the source's and is retained everywhere it appears |
The same chance, in July | Around 85% | Published as an approximate value, qualified "around" | Also approximate. The gap between the two is therefore roughly 47 points, not exactly 47 |
UK Consumer Price Index, year on year | 2.9% | Published exactly | Came in as expected, up 0.3% from the previous reading |
UK Consumer Price Index, the rise | 0.3% | Published exactly | Stated as the increase on the previous reading |
UK Consumer Price Index, previous reading | 2.6% | Derived by Paratus, not published | 2.9% less the stated 0.3%. Arithmetic on two published values, not a third published value |
UK retail sales | -0.5% | Published exactly | Came in as expected, falling significantly from the previous month |
UK retail sales, previous month | Not published | Not published | The commentary states the direction and the size of the fall, not the level it fell from |
UK manufacturing survey | "Broadly in line with forecasts" | Qualitative, no index value and no relation to 50 | The forecast it is compared with is not published either |
UK services survey | "Continued to show expansion" | Qualitative, no index value | Direction relative to the 50 threshold only |
Eurozone manufacturing survey | "Moved into expansion" | Qualitative, no index value | Direction relative to the 50 threshold only |
Eurozone services survey | "Moved into contraction" | Qualitative, no index value | Direction relative to the 50 threshold only |
US Core PCE, month on month, expected | 0.2% | Published exactly, as an expectation | Not an outcome. The release falls on Wednesday 26 August |
US Core PCE, previous | 0.1% | Published exactly | The figure the expectation is compared with |
US preliminary GDP, quarter on quarter, expected | 1.5% | Published exactly, as an expectation | Expected to remain unchanged |
Federal Reserve minutes | "Inflation remains elevated", "conditions remain stable", "GDP continues to expand" | Qualitative, no figure attached to any of the three | No US inflation, payroll or growth reading appears anywhere in this week's commentary |
Jackson Hole symposium | Thursday 27 and Friday 28 August | Published in the source's calendar, under the code "All" | Named in the commentary as the main event of the week |
Jackson Hole, organiser's dates and topic | 27 to 29 August, "Financial Innovation: Implications for Payments and Policy" | Federal Reserve Bank of Kansas City, cited below | Added by Paratus. A schedule only, with no expectation attached |
Any central bank interest rate, in percent | Not published | Not published | No Federal Reserve, Bank of England or ECB rate level appears |
Any purchasing managers' index value | Not published | Not published | Four survey readings are described and not one index number is given |
Any GBP/EUR level | Not published | Not published | The cross is not mentioned in this week's commentary at all |
How to read the figures on this page
Paratus framing (not Agility). General information, not financial advice.
Some of the numbers above are precise, some are qualified, and one is not published at all but derived. We separate them rather than blending them, because this week turns on exactly that distinction:
Published exactly. Agility state the figure as a precise value. GBP/USD at 1.3675, EUR/USD at 1.1711, UK CPI at 2.9%, retail sales at -0.5%, and the Bank of England pair of 84% and 63% are all of this kind. Where a figure is exact we treat it as exact.
Published as approximate. The Federal Reserve pair is qualified twice over: "around an 85% chance" in July, "approximately 38%" now. We keep the qualifier attached to the number every single time it appears, including in the headline of this page, and we do not quote an exact difference between two approximate values. The gap is roughly 47 points, not 47.
Derived, not published. UK CPI is given as 2.9%, up 0.3% on the previous reading. The previous reading itself is never printed. 2.6% is therefore arithmetic on two published values, and it is labelled as ours wherever it appears rather than quietly promoted into the exact set.
Not published. Four purchasing managers' surveys are described this week and no index value is given for any of them. Three carry a direction relative to the 50 threshold; the fourth carries no stated relation to it at all. Where that is the case we say so rather than estimating, and the chart further down this page draws it that way.
This week at a glance
Two central banks were repriced in the same week, in the same direction. Markets cut the chance of another Bank of England rise before December to 63% from 84%, and cut the chance of a Federal Reserve rise in September from around 85% in July to approximately 38%.
They were not published to the same standard. The Bank of England pair is exact. The Federal Reserve pair is approximate at both ends. That difference is carried through every figure, chart and caption on this page.
Neither bank announced a decision. The source describes a scaling back of market expectations, driven by sentiment in a week with few major releases. A market-implied probability is what traders are pricing, not a statement by any central bank.
UK inflation held up, and sterling's upside was capped anyway. Year-on-year CPI came in as expected at 2.9%, up 0.3%. The commentary's own conclusion is that this provided some support for GBP, but reduced expectations for further tightening limited its upside.
UK spending went backwards. Retail sales came in as expected at -0.5%, falling significantly from the previous month, which the commentary reads as consumer spending remaining under pressure and as a further reason for the Bank to remain cautious.
Both currencies reached multi-month highs against the Dollar. GBP/USD reached a six-month high of 1.3675 and EUR/USD touched a three-month high of 1.1711.
The eurozone's own week was split. Manufacturing moved into expansion, services moved into contraction, and the commentary says the mixed result gave the euro only limited support. The euro's strength is attributed to a weaker Dollar as much as to anything happening in Europe.
The week ahead has a clean shape. Wednesday carries both releases the commentary names, Core PCE and preliminary GDP. Thursday and Friday carry the Jackson Hole symposium.
The two re-pricings on one identical scale, drawn so the difference in how they were published is visible on the face of the chart. The solid arc is exact; the dashed arc is not. From the Paratus Wealth carousel for this week.
Market news, week commencing 24 August 2026
Agility verbatim begins. The commentary below is reproduced word for word from Agility Forex UK and must not be edited. Direct contact details have been omitted; everything else is unaltered.
Market News - Monday 24th August 2026
With few major economic releases last week, currency markets were largely driven by shifts in sentiment and evolving expectations around interest rates. The main theme was a scaling back of expectations for further rate rises, particularly in the US and UK. Against this backdrop, GBP/USD reached a six-month high of 1.3675, while EUR/USD touched a three-month high of 1.1711.
This week, attention will turn to key US inflation and growth data, followed by the Jackson Hole symposium. Markets will be watching closely for any fresh signals on the future direction of interest rates.
GBP
UK year-on-year CPI came in as expected at 2.9%, up 0.3% from the previous reading. While inflation remaining elevated would normally support sterling by increasing pressure on the Bank of England to keep interest rates high, markets have reduced the chance of another BoE rate rise before December to 63%, down from 84% earlier this month. As a result, the inflation figure provided some support for GBP, but reduced expectations for further tightening limited its upside.
UK retail sales also came in as expected at -0.5%, falling significantly from the previous month's reading. The data suggests that consumer spending remains under pressure, which could slow the wider UK economy and give the BoE another reason to remain cautious on further rate rises. As the release was in line with expectations, the immediate market reaction was limited.
The latest UK PMI data provided a more encouraging picture. Manufacturing came in broadly in line with forecasts, while the services sector continued to show expansion. As services account for a significant part of the UK economy, continued growth in the sector helped offset some concerns around weaker consumer spending. Overall, the PMI data was supportive for GBP.
EUR
The latest Eurozone PMI data showed a mixed economic picture. Manufacturing moved into expansion, providing a positive signal that industrial activity may be improving, while the services sector moved into contraction, highlighting continued weakness elsewhere in the economy.
The mixed results meant that the data provided only limited support for the euro. Improving manufacturing is encouraging, but weaker services activity suggests that the wider economic recovery remains fragile.
Energy prices and geopolitical developments also remain important for the Eurozone. Higher energy costs could push inflation higher, which may increase pressure on the ECB to keep interest rates restrictive. However, higher costs could also weaken consumer spending and business activity.
The euro therefore remains sensitive to both the ECB outlook and developments in the US. Mixed domestic data could limit EUR strength, but a weaker dollar could continue to support EUR/USD.
USD
The most significant development for the dollar has been the sharp reduction in expectations for a Fed rate rise in September. In July, markets were pricing around an 85% chance of a rate rise, but this has now fallen to approximately 38%.
The latest Fed minutes showed that inflation remains elevated, labour-market conditions remain stable and GDP continues to expand. However, markets did not interpret the overall message as a clear indication that the Fed is preparing to raise rates next month.
The reduction in expectations for a September rate rise has therefore removed some of the support previously underpinning the dollar. The USD remains sensitive to inflation data, however, as stronger inflation could quickly lead markets to increase expectations for further Fed tightening.
EUR/USD
EUR/USD will mainly be driven by the difference between expectations for the Fed and ECB. The recent reduction in expectations for a September Fed rate rise has removed some support for the US dollar and could allow EUR/USD to move higher if markets continue to expect a less aggressive Fed.
If US inflation comes in stronger than expected and Fed commentary remains hawkish, markets could increase expectations for another rate rise. This would likely support the dollar and push EUR/USD lower.
Alternatively, if US inflation comes in below expectations and the Fed adopts a cautious tone, markets could further reduce expectations for tightening. This would likely weaken the dollar and support EUR/USD.
A mixed set of US data and unclear Fed guidance could result in increased volatility, with EUR/USD likely remaining range-bound until markets receive a clearer signal on the direction of US interest rates.
This Week
US Core PCE inflation will be one of the key releases this week, with markets expecting a 0.2% month-on-month increase compared with 0.1% previously. As Core PCE is the Fed's preferred inflation measure, a stronger-than-expected reading could increase expectations for further tightening and support the dollar. A weaker reading would likely reduce expectations further for a September rate rise and place further pressure on the USD.
US GDP is expected to remain unchanged at 1.5% quarter-on-quarter. A stronger result would suggest that the US economy remains resilient and could cope with higher interest rates, potentially supporting the dollar. A weaker result would raise concerns about slowing growth and could further reduce expectations for Fed tightening.
The main event of the week will be the Jackson Hole symposium. While discussions will cover financial and digital innovation, global central banking and the changing financial system, markets will be primarily focused on comments relating to inflation, interest rates and the outlook for monetary policy.
Particular attention will be paid to any guidance from Fed Chair Kevin Warsh's keynote speech. A hawkish message suggesting that inflation remains a concern and that further tightening remains possible could increase expectations for a September rate rise and support the dollar. A more cautious message could further reduce expectations for Fed action and place additional pressure on the USD.
Comments from other global central bankers will also be monitored for clues about the outlook for interest rates in Europe and the UK.
Written by Daniel Ralph (FX Dealer) [Direct contact details omitted by Paratus Wealth.]
Agility verbatim ends. Everything below this line is Paratus Wealth's own commentary.
Summary graphic circulated with this week's Market News by Agility Forex. Reproduced as supplied. Every figure on it matches the commentary above.
Two banks, two standards
Paratus framing (not Agility). General information, not financial advice.
The single most useful thing in this week's email is easy to miss, because it is not a number. It is that two central banks were repriced in the same message and the two re-pricings were published to different standards of precision.
The Bank of England figures are exact. The commentary says markets "have reduced the chance of another BoE rate rise before December to 63%, down from 84% earlier this month". Two precise values. The distance between them is 21 percentage points, and that subtraction is arithmetic on published values, so we are entitled to state it as a number.
The Federal Reserve figures are not exact. The commentary says markets "were pricing around an 85% chance of a rate rise, but this has now fallen to approximately 38%". Two approximate values, each carrying its own hedge. The distance between them is therefore roughly 47 points. It is not 47 points, and we do not write it as though it were, because a difference of two approximations is itself an approximation.
That is why the chart above draws one arc solid and the other dashed. It would have been easy, and wrong, to draw both the same way and let the caption carry the difference. A caption is read after the picture and often not at all; the picture is what a reader remembers and what a machine extracts. If the qualifier only lives in the small print, it does not survive the journey.
Two further points are worth stating plainly:
Neither figure is a decision. A market-implied probability is what traders are pricing at a moment in time. It is not a statement by the Bank of England or the Federal Reserve, and the source records no decision by either during the week it reviews.
The commentary gives no reason for the gap in size. The Federal Reserve move is more than twice the Bank of England move. Nothing in the source explains why, so nothing on this page offers a reason.
Four survey readings, and not one number
Paratus framing (not Agility). General information, not financial advice.
Purchasing managers' surveys are reported for two economies and four sectors this week. No index value is published for any of them.
A purchasing managers' index is a survey of the people who buy things for businesses, published ahead of the official statistics. It is built so that 50 is the dividing line: above 50 the sector reported expansion, below 50 it reported contraction. The 50 is a definition, not a market figure, which is why we can state it without a source.
Here is exactly what the commentary says about each of the four:
UK manufacturing "came in broadly in line with forecasts". That is a relation to a forecast, and the forecast is not published either. It gives the reading no stated position relative to 50, in any direction.
UK services "continued to show expansion". Above 50 and it stayed there.
Eurozone manufacturing "moved into expansion". It crossed 50 upwards.
Eurozone services "moved into contraction". It crossed 50 downwards.
Three of the four have a direction and none of the four has a height. A conventional bar chart cannot draw that without inventing four positions on the axis. So the chart below draws the 50 line as the only certain thing on the page, gives each reading a band that leaves the line in the stated direction and fades before committing to any height, and gives the fourth a hatched column spanning the whole chart, because the honest place to put a reading with no published relation to the threshold is nowhere, and the honest way to draw nowhere is everywhere at once.
Four survey readings, drawn from what the commentary actually states about each. No index value is published for any of them and none is implied here. From the Paratus Wealth carousel for this week.
The practical reading is the one the commentary itself draws: the eurozone's two sectors crossed the line in opposite directions in the same week, which is what "mixed" means, and in the UK the services sector doing the heavy lifting is what offset the weakness in consumer spending.
What a market-implied probability actually is
Paratus framing (not Agility). General information, not financial advice.
Both of this week's headline percentages are market-implied probabilities, and it is worth being precise about what that phrase does and does not mean.
It is a price, not a prediction. Instruments exist whose value depends on where interest rates end up. Their prices imply how likely traders collectively think each outcome is. When the commentary says the chance of a September Federal Reserve rise has fallen to approximately 38%, it is reporting what those prices imply, at a moment, as read by the people who wrote it.
It is not a statement by any central bank. Neither the Federal Reserve nor the Bank of England published a probability, and the source records no decision by either during the week under review. The number moved because the market's own view moved.
It changes continuously and can reverse. The commentary is explicit on this point for the Dollar: the reduction in expectations has removed some of the support previously underpinning it, but the currency remains sensitive to inflation data, because a stronger reading could quickly lead markets to increase expectations for further tightening again. That is a condition set out in the source, not a forecast, and this page offers no forecast of any rate, level or price.
The distinction matters for anyone with money to move. The September figure has already travelled roughly 47 points since July on the source's own two approximate values, and nothing in the nature of a market-implied probability stops it travelling again. The source dates that earlier reading only as "In July", so we do not state how long the move took.
Jackson Hole: the dates, the topic, and the one day that is missing
Paratus framing (not Agility). The schedule below is the organiser's and is cited. General information, not financial advice.
The commentary names the Jackson Hole symposium as the main event of the week and its own calendar lists it on Thursday 27 and Friday 28 August, under the code "All", the only entry on the week's calendar that is not attached to a single economy.
The organiser publishes more detail:
"The 2026 Jackson Hole Economic Policy Symposium will take place Aug. 27-29. This year's topic is 'Financial Innovation: Implications for Payments and Policy.'"
Federal Reserve Bank of Kansas City, *About the Jackson Hole Economic Policy Symposium*, kansascityfed.org, retrieved 19 August 2026.
Two observations follow, and both are checkable:
1. The organiser's topic and the commentary's description agree. Agility says the discussions will cover financial and digital innovation, global central banking and the changing financial system. The organiser's published topic is "Financial Innovation: Implications for Payments and Policy". Last week we added the symposium's dates because the commentary gave none, and that addition rested on one source. This week the source's own calendar carries the event, and the two descriptions corroborate each other independently.
2. The calendar stops a day short, and it is right to. Agility list the symposium on the 27th and 28th. The organiser publishes 27 to 29 August. The 29th is a Saturday, which is why a market calendar drops it. The two are not in conflict, and we state this so that a reader who checks does not conclude one of them is wrong.
We state the schedule and nothing more. No expectation, probability or outcome is attached to the symposium anywhere in this week's commentary, and none is offered here.
Key economic data this week
Reproduced from Agility Forex UK. The entries below are the calendar as supplied, including the names of scheduled speakers as listed.
Monday 24th August
US Treasury Sec Bessent Speaks
One entry.
Tuesday 25th August
EU German Final GDP q/q
EU German ifo Business Climate
EU Belgian NBB Business Climate
US ADP Weekly Employment Change
US HPI m/m
US S&P/CS Composite-20 HPI y/y
US CB Consumer Confidence
US New Home Sales
US Richmond Manufacturing Index
US API Weekly Statistical Bulletin
Ten entries.
Wednesday 26th August
UK CBI Realized Sales
US Core PCE Price Index m/m
US Prelim GDP q/q
US Prelim GDP Price Index q/q
US Core Durable Goods Orders m/m
US Durable Goods Orders m/m
US Personal Income m/m
US Personal Spending m/m
US Crude Oil Inventories
Nine entries. Both releases the commentary names by name land on this one morning.
Thursday 27th August
All Jackson Hole Symposium
EU German GfK Consumer Climate
EU M3 Money Supply y/y
EU Private Loans y/y
EU ECB Monetary Policy Meeting Accounts
US Unemployment Claims
US Goods Trade Balance
US Prelim Wholesale Inventories m/m
US Natural Gas Storage
Nine entries.
Friday 28th August
All Jackson Hole Symposium
EU German Import Prices m/m
EU French Consumer Spending m/m
EU French Final Private Payrolls q/q
EU French Prelim CPI m/m
EU French Prelim GDP q/q
EU Spanish Flash CPI y/y
EU German Unemployment Change
EU Italian 10-y Bond Auction
US Chicago PMI
US Fed Chairman Warsh Speaks
US Prelim Benchmark Payrolls Revision
US Revised UoM Consumer Sentiment
US Revised UoM Inflation Expectations
Fourteen entries, the heaviest day of the week.
Total: 43 scheduled entries.
The shape of this week is worth seeing before it happens. Monday carries a single scheduled entry and Friday carries fourteen, the widest spread between the lightest and heaviest day this series has covered. The two halves do different jobs. Wednesday supplies the numbers, eight of its nine entries American, including both releases the commentary names. Thursday and Friday supply the interpretation, from a symposium whose published topic is financial innovation rather than the policy path markets will actually be listening for. Eight of Friday's fourteen entries are European, with the national inflation prints arriving from France and Spain before any bloc aggregate.
What Core PCE is, and what it is not
Paratus framing (not Agility). General information, not financial advice.
Wednesday's headline release is the Core Personal Consumption Expenditures price index. Two things about it explain why one line on a calendar carries so much weight.
"Core" means food and energy are stripped out. Those two move sharply for reasons that have little to do with the wider economy, so removing them gives a steadier read on underlying price pressure. The commentary identifies Core PCE as the Federal Reserve's preferred inflation measure, which is why the market watches this release rather than the more familiar consumer price index.
It arrives alongside the spending data, from the same release. Personal income and personal spending are published in the same statistical report and appear immediately beneath it on Wednesday's calendar. One measures what prices did; the other measures what households actually spent. Read side by side they answer a question a single inflation number cannot, which is whether prices are rising because demand is strong or in spite of demand weakening.
It is not a forecast of anything. The 0.2% in this week's commentary is an expectation, compared with 0.1% previously, and the source sets out what a stronger or a weaker reading could mean in both directions without committing to either. Those are conditional scenarios set out in the source, not forecasts, and nothing on this page says which will happen.
The preliminary reading of quarterly growth lands the same morning, expected to remain unchanged at 1.5%. Preliminary means an early estimate, revised as more data arrives. It moves markets because it is first, not because it is final.
What a week like this means for globally mobile families
Paratus framing (not Agility). General information, not financial advice.
Two currencies rose against the same third one. Whether that is good news depends entirely on which of the three your money starts in and which one it ends in, and the three positions below are genuinely different.
If your costs are in Dollars. Both published levels moved your way in the same week. GBP/USD reached a six-month high of 1.3675 and EUR/USD touched a three-month high of 1.1711, so a sterling or euro income met Dollar school fees, property costs or living costs on better published terms than at any point in those windows. Those are levels reached or touched during the week the commentary reports. They are not the rate available on any given day, and a level that printed once in a week is not the level you transact at.
If your income is in Dollars. The same move works against you, and it works against you twice, because it happened against both of the currencies most expatriate households actually spend in. The commentary frames the cause carefully: the re-pricing has removed some of the support previously underpinning the Dollar, which is not the same as pushing it down, and it is explicit that stronger inflation data could reverse that.
If your money moves between sterling and euros, this week tells you nothing. The commentary publishes no GBP/EUR level and offers no view on the cross. Both currencies rose against the Dollar, which says nothing whatsoever about how they moved against each other. That is worth being clear about rather than letting a week of good headlines imply a move that was never reported.
If your pension is paid in one currency and spent in another. This is the position most expatriate retirees are actually in, and it is the one where a currency move compounds rather than passing through once. A retirement income does not get to wait for a better rate. What can be planned is the timing and the structure of conversions, and how much of a liability is matched to the currency it is denominated in. The rate itself cannot be planned by anyone.
Nothing in this section is a recommendation to convert, to hold or to delay. It is a description of who is affected by the week the source reports, so that the right question gets asked at the right time. The decision belongs with your own adviser and your own circumstances.
How Paratus Wealth can help
Paratus framing (not Agility). General information, not financial advice.
Currency is one part of a cross-border plan, and it is rarely the part that is planned first. Paratus Wealth works with globally mobile families across the whole of it:
[Currency and cost-of-living planning](https://www.paratus-wealth.com/agilityfx-currency-exchange-services), including our currency exchange service with Agility Forex, for people who move money between currencies regularly rather than once.
[Protection and life cover](https://www.paratus-wealth.com/protection) and [life insurance](https://www.paratus-wealth.com/life-insurance) that remains valid when you move country.
[Savings and investments](https://www.paratus-wealth.com/savings-investment) structured for someone who may not retire in the country they are working in.
[Retirement planning](https://www.paratus-wealth.com/retirement-planning) and [cashflow modelling](https://www.paratus-wealth.com/cashflow-modelling), which is where a currency exposure stops being a market question and becomes an income question.
[Pension review](https://www.paratus-wealth.com/pension-review-service), [SIPPs](https://www.paratus-wealth.com/sipp) and [QROPS](https://www.paratus-wealth.com/qrops) for pensions left behind in one country and drawn in another.
[UK Inheritance Tax planning](https://www.paratus-wealth.com/uk-inheritance-tax-planning) for people whose estate is exposed to a system they no longer live under.
Paratus Wealth does not provide services to, and does not market to, residents of the United Kingdom.
If any of this week's movement touches a decision you were already weighing, contact our team and we will talk it through.
Related reading
Attribution and disclaimer:
Market News written by Daniel Ralph (FX Dealer), Agility Forex. Shared by Paratus Wealth with permission. The commentary above is general market information provided by Agility Forex and is reproduced verbatim. It is for information only, does not constitute financial, investment or currency advice, and should not be relied upon as such. Figures are as published by Agility Forex UK and cover the market week to Friday 21 August 2026; levels quoted are levels reached or touched during that week, not closing prices, and market levels change continuously. Where a figure is qualified in the source, the qualifier is retained here: the two Federal Reserve probabilities are published as approximate values and are described as approximate throughout, and no exact difference between them is claimed. Outcomes described for forthcoming releases are conditional scenarios set out in the source, not forecasts, and no forecast of any rate, level or price is offered on this page. The Jackson Hole symposium dates and topic are published by the Federal Reserve Bank of Kansas City and are stated as a schedule only. Paratus Wealth does not provide services to, and does not market to, residents of the United Kingdom. Any UK references in this commentary relate to cross-border exposure for people living outside the UK. Currency and investment values can fall as well as rise. This page is also subject to the full Paratus Wealth regulatory disclaimer shown in the site footer. To talk through your own circumstances, contact our team.
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