Download MetaTrader 5

Federal Reserve System (Fed) Chair Yellen Speech

Country:
United States
USD, US dollar
Sector:
Money

FED Chair Speech affects USD depending on the speech rhetoric. If the speech is seen as an intention to raise the rates at the next FOMC meeting, this has a positive impact on USD and vice versa.

The FED Chair's statements have the greatest impact on the market compared to other members of the FED Board of Governors.