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4 Oct 2017

Fed's Powell: “a lot of room” to reduce Volcker rule - UOB

Analysts at UOB noted the recent chat from Fed officials.

Key quotes:

"Federal Reserve Governor Powell said there is “a lot of room” to reduce Volcker rule burden on less complex institutions and is confident regulators will reach deal on “significantly less burdensome” Volcker rule. He does not comment on meeting with Trump about Fed chair position."

Oct 4, 2017

EUR/USD: eyes for a test of key 1.1720

Currently, EUR/USD is trading at 1.1761, up 0.15% on the day, having posted a daily high at 1.1788 and low at 1.1735. EUR/USD has been quiet in NY tr
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Oct 4, 2017

Janet Yellen Speech: Conference of State Bank Supervisors - Live Stream

Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, will be delivering her opening remarks at the fifth annual Community Bank
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