Risk that Fed Chair Powell could disappoint markets this week at Jackson Hole.

That's the view from TD with attention turning to the KC Federal Reserve symposium

• We see risks the Fed Chair could disappoint markets looking for a green light on an extended easing campaign.
• Rates may take the brunt of the hit, but we doubt the USD will be able to shrug off any repricing in policy expectations - even if these ultimately prove short-lived.

Given the US dollar move even today sounds like TD are onto something ….

Earlier posts:

• If you are waiting for the agenda of the Federal Reserve Jackson Hole symposium - info
• What to watch from the Federal Reserve this week - minutes, Jackson Hole
• If its August its time keep your eye on the Hole (Jackson, that is)
• Stay long the Japanese yen into Jackson Hole - Goldman Sachs