Yesterday, it was a bad day for the British currency, as the Pound dropped against all of its major counterparts. The strong selling came after the UK delivered its employment and average earning numbers, together with claimant count and employment change.
Jerome Powell delivered his testimony yesterday to the House Committee and the Senate. He pointed out that strong economic growth and good job gains helped the Fed to avoid additional “boosts” that they were planning to include in the economy.
During the testimony, Jerome Powell avoided the questions in regards to the trade policy, delivered by the White House...
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