Weekly Forecast from August 28st
For the week of August 21st to August 25th, the trading resulted in a loss of -1,118 USD. There were no significant events during the week, other than Chairman Powell’s speech at the Jackson Hole conference. The market largely remained within a range. Chairman Powell’s notable comments indicated a hawkish stance, suggesting that they are […]
Fed Chairman Powell’s testimony reignites strong dollar Increased attention to US economic indicators
Yesterday’s congressional testimony by Fed Chairman Jerome Powell ignited the dollar’s appreciation again. Reacted to the suggestion that the pace of interest rate hikes could be accelerated. In the market, it was the timing before the release of the US employment statistics, and it seems that there were many voices assuming a well-balanced remark. In […]
There are many speaking events today, such as Fed Chairman Powell
There are many speaking events scheduled today. An international symposium is held by the Swedish central bank. Bank of Japan Governor Kuroda, Bank of England Governor Bailey, Canadian Central Bank Governor Mackrem, ECB Governor Schnabel and others on “Central Bank Independence and New Risks” Fed Chairman Jerome Powell on “Central Bank Independence and Authority” Decos […]
The dollar index is declining, and will be pushed to adjust ahead of tomorrow’s speech by Fed Chairman Powell
The dollar index continues to fall. Today’s high was 108.685, which was reached in the morning of Tokyo, and since then it has been on a downward trend. In the early morning of London, it fell to 107.991. After that, the price took a lull, but remained in a rebound to around 108.30. It remains […]