Powell Goes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

June 18, 2023 -

Fed Chair Jerome Powell is expected to take a hawkish tone in his Capitol Hill testimony this week and defend the view that interest rates will likely go higher than anticipated.

Plusieurs dizaines de milliers d'opposants pro-européens se sont rassemblés dimanche dans le centre de Kiev au début de la grande manifestation pour dénoncer l'agression d'une journaliste qui a provoqué un tollé en Ukraine.

US Dollar Forecast: Back to the Year-Long Downtrend - Levels for DXY Index, USD/JPY Advertisement US Dollar Outlook: The US Dollar (via the DXY Index) continues to contend with its pandemic trendline, a magnet for price action throughout February. The January US durable goods orders report on Thursday and the January US inflation rate (PCE) report on Friday are the top data releases in the coming days, while Fed Chair Powell’s testimony on Capitol Hill will bring the usual fireworks. US Dollar Looking for Direction The US Dollar (via the DXY Index) continues to contend w...

Weekly Fundamental US Dollar Forecast: Mr. Powell Goes to Washington Advertisement Fundamental Forecast for the US Dollar: Neutral The main event of the week will be Fed Chair Jerome Powell heading to Capitol Hill for two days of testimony to deliver the semi-annual Monetary Policy Report. But traders shouldn’t sleep on the US economic calendar. The upcoming January durable goods orders and PCE/Core PCE price indexes may further enflame inflation fears, sparking more gains by US yields. The IG Client Sentiment Indexsuggests the US Dollar has a mixed bias heading into the...