Wednesday, November 28, 2018

Market Comment | US dollar fell after Powell's speech

Fed Chairman Powell’s speech drove the USD to depreciate after markets read his speech as “dovish”. He said that interest rates are “just below” neutral levels. In another front, financial markets remained calm awaiting the outcome of the Xi-Trump’s meeting at the G-20 summit.




Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in