Tag: powell

In our analysis aimed on the September FOMC meeting, we focused on current market pricing, rates, economic projections, dot plot and markets.

The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.

Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.

Jerome Powell delivered an important speech at the Jackson Hole Symposium, which should clearly determined the economy's future.

The Fed's Powell reiterated that the Fed would continue to raise borrowing costs & that the central bank has no intention of switching to a more dovish policy.

Powell admits that high inflation considerably pressures on Fed´s committee to change predictions on interest rates hikes.

Is the Australian dollar going to stage a relief rally, considering the oversold conditions?