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Forex Monitoring May 6, 2019

Exclusive Capital Ltd.

USD: The Fed is not concerned about the inflation due to the ease of some of the risks that existed (BREXIT, CHINA – US trade negotiations). Moreover, Fed remains satisfied with the economic activity and labour market. As a result, during the press conference Powell came to the conclusion that there were no strong indicators for “moving in either direction" at present. Today, US Labour report, Nonfarm Payrolls expected at 185k with previous at 196k.

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Source: https://www.exclusivecapital.com/forex-monitoring-may-6-2019/
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