Tag Archives: Jerome Powell

The EUR/USD bulls will attentively look for any dovish hints in the Fed chair Powell’s speech that could weigh on the US dollar. the pair is trading at 1.0726 at the time of writing.A break of session highs would leave the 1.0720s vulnerable in the near term. The daily ATR …

The USD/CAD pair is holding to gains as traders await clues by Fed Chair Jerome Powell’s speech later on Tuesday. At the time of writing, the pair is trading at 1.3463, registering 0.12% gains versus the previous closing at 1.3445.On Tuesday, the US trade deficit widened, though market participants ignored …

Of particular interest to stock investors, today is what Federal Reserve Chairman Jerome Powell has to say at an event organized by The Economic Club of Washington DC. But, most importantly, they want to know his thoughts on the latest Labor Department report, which showed US payrolls grew by more …

Fed’s policymakers began to reflect on the unexpectedly robust jobs report for January, a few hours before Chair Jerome Powell faces questions later on Tuesday on whether the NFP data has shaken his confidence that high inflation will come down without hawkish moves by the central bank to slow the …

Investors and traders will be all ears as Fed Chair Jerome Powell delivers his speech on Tuesday. Bond yields continued to surge on Monday as traders assess the possibility that the Fed will postpone any talk about rate cuts until later in the year after Friday’s very strong jobs report.Markets …

The US Dollar extended its Friday rally to fresh February highs against most major rivals, fueled by a dismal market sentiment. Investors and traders will be all ears as Fed Chair Jerome Powell delivers his speech on Tuesday. Bond yields continued to surge on Monday as traders assess the possibility …

Wall Street’s indexes edged lower on Monday as investors await the US central bank’s Chair Jerome Powell’s speech for direction as well as clues on when the Fed could start interest rate cuts. The latest non-farm payrolls report highlighted the robust situation of the labour market in the United States …

The WTI crude oil dropped to the %75s and now the daily chart shows the price breaking the trendline support. Oil is now correcting higher to $76.70 resistance. At the time of writing, the US crude is trading at $76.86 per barrel. The objective of escaping the $75s territory was …

Gold and silver prices are higher closer to daily highs in afternoon US trading session on Wednesday, following a broadly expected small interest rate hike by the US Fed.Gold is trading at 1950.14 at the time of writing. April gold was up $15.30 at $1,960.40 and March silver was up …

The EUR/USD pair is getting prepared for reaction to the key economic events this week, including rate decision by the Fed and ECB as well as Friday’s NFP data.EUR/USD is, therefore, seen at a crossroads trading at 1.0873 at the time of writing slightly up on the day by .015% …