Jerome Powell speaks to the Wall Street Journal, the markets react instantly
The Fed Head’s WSJ interview generated plenty of interest in the [...]
Trading news
Yellen’s speech capped the USD momentum – USD/JPY Market Outlook – 19/02/2021
Bullish momentum continues to fade for the third consecutive day, as the Dollar Index loses most of its recent gains amid the Fed’s ultra-accommodative monetary policy stance. Additionally, Treasury Secretary Janet Yellen reiterated the important of much bigger stimulus to avoid a huge downside on stocks and the economy. Today, the bears will likely take the price lower testing the 50-SMA.
Support: 105.20 / 104.90
Resistance: 105.70 / 106.10
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Friday, 19 Feb, 2021 / 10:05
Trading news
Dollar surges, stocks sink after Powell lets yields run loose
Powell gives no hints about possible action to stem selloff in [...]
Inflation fears & rising bond yields spooked investors – FTSE 100 Market Outlook – 05/03/2021
Stocks in London were going up nicely yesterday during the European trading [...]
