💱 Market Outlook: Sideways Trading Ahead of Powell’s Speech & FOMC Minutes
💱 Market Outlook: Sideways Trading Ahead of Powell’s Speech & FOMC Minutes 🔎 Today’s Key Event — FOMC Minutes This week’s main event: Powell’s speech at Jackson Hole (Friday). Until then, traders likely to remain sidelined → range-bound / directionless conditions. Tonight: FOMC minutes (July 29–30 meeting). Decision: rate hold. Notably: Vice Chair Bowman & […]
Ahead of Fed Chair Powell’s speech on Friday, we will check the degree of dollar strength at the beginning of the week
A notable event this week is the Jackson Hole conference later in the week. In particular, Fed Chairman Jerome Powell’s speech on the 26th is seen as an important factor in judging future US monetary policy trends. With the US mid-term elections approaching, the Biden administration’s top priority is to deal with inflation. The US […]