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11 Feb 2020

FOMC Chairman Powell testimony before House Financial Services Committee – live stream

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, will be testifying before the House Financial Services Committee on Tuesday at 15:00 GMT.

According to the published remarks earlier in the day, "the Federal Reserve will respond accordingly if developments emerge to cause a material reassessment of the outlook," Powell reiterate. 

Fed Chair Powell: Policy likely appropriate, barring material reassessment.

About Jerome Powell (via Federalreserve.gov)

Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.

Feb 11, 2020

EUR/JPY reverses a dip to 3-month lows, finds support ahead of mid-119.00s

The EUR/JPY cross dropped to near three-month lows in the last hour, albeit found some support ahead of mid-119.00s and quickly recovered around 30 pi
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Feb 11, 2020

EUR/USD rebounds to 1.0915/20 post-Lagarde

After printing new 2020 lows in the 1.0890 region, EUR/USD has managed to regain some traction and re-test the upper end of the daily range in the 1.0
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