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7 Feb 2019

Powell’s speech: No comment on monetary policy nor economy

Federal Reserve (Fed) Chairman Jerome Powell is on the wires now, via Reuters, delivering the opening remarks at a virtual town hall meeting for teachers nationwide, in Washington DC. 

Powell apparently did not touch upon the topic of monetary policy nor on the economic outlook.

Feb 7, 2019

AUD/JPY: Plenty of reasons to stay bearish, but a drift to the upside in play, target 50% fibo confluence zone

AUD/JPY is a complex mix of hard facts and risk sentiment. The hard fact came from last nights dovish capitulation that have renewed downside risks fo
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Feb 7, 2019

Fed's Quarles: Most focused on direction of global growth, downdraft in China and Europe, trade policy

More comments flowing in from the Fed Vice Chairman of Supervision Randal Quarles, but nothing much on the monetary policy again. “We have better too
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