The Euro, along with a range of other majors, is looking fairly helpless in the face of a rampant US dollar with parity – EUR/USD 1.000 – unlikely to hold the latest sell-off.

The update to the US Personal Consumption Expenditure (PCE) Price Index may curb the weakness in the price of gold as the report is anticipated to show a slowdown in inflation.

Risk assets sank this week as USD strength rattled markets. Bitcoin and Ethereum surrender August gains. US data and Jackson hole could drive prices in either direction.

The Australian Dollar plummeted against the US Dollar as Fed pivot bets waned and China’s economic woes darkened. Traders are growing increasingly bearish on AUD.