Jerome Powell

How Much Did Powell's Speech Move the Needle? Fed Chair Jerome Powell did what he was widely expected to do last Friday: Announce that "the time has come" for the Fed to pivot towards easing. As in the past, the meeting at Jackson Hole…
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Today could see the release of the most important data of the week, if not the whole month. After Fed Chair Jerome Powell's testimony before Congress yesterday and the day before, markets are primed to get confirmation on interest rate…
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What to Watch Out For in Powell Testimony Markets are on tenterhooks for two major events in the US over the next few days. One of them is a slow-rolling affair that could suddenly jolt the markets if something unexpected happens. The…
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In a somewhat unusual bit of scheduling, Fed Chair Jerome Powell is expected to make an address on Sunday, when the markets are closed. That could give traders some pause as they set up for the weekend. With so much riding on when the Fed…
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Tomorrow's release of  the US CPI data might provide confirmation for the market or another dose of reality. But even if it's the latter, it seems that optimism seems to win out in the end. The data might be set to generate volatility, but…
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USDJPY weakens as BoJ to meet The Japanese yen clawed back some losses as traders digested rumours of an end to negative rates. The currency soared on speculation that the BoJ was considering several options to lift interest rates…
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Tomorrow could be the most important day for the markets this week, because of the early release of the FOMC minutes. Normally they are made public on a Wednesday, but due to the markets being closed for Thanksgiving on Thursday, they will…
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NZDUSD probes support The New Zealand dollar pulls lower as commodity prices come under pressure. The recent rally came to a halt at the psychological level of 0.6000 near the start of the mid-October sell-off. A break above this major…
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