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Vamsi Krishna Sai Kavety
Dollar Index likely to wait for Powell push!!
a wait-and-see approach with Fed Chair Powell's speech later today.
The last press conference, when a reporter mistakenly told him risk assets were spiking, he was notably unhappy and increased his hawkish tone. So it would appear more of the same is due. However at the same time he is likely to lean toward smaller rate hikes now with 50bps in order.
a wait-and-see approach with Fed Chair Powell's speech later today.
The last press conference, when a reporter mistakenly told him risk assets were spiking, he was notably unhappy and increased his hawkish tone. So it would appear more of the same is due. However at the same time he is likely to lean toward smaller rate hikes now with 50bps in order.
· 3
Vamsi Krishna Sai Kavety
Hello Traders, Gold waits for Powell and hopes for a push to $1,800
Markets are also awaiting the speech from Fed Chair Powell later today which could give markets the guidance they need.
Markets are also awaiting the speech from Fed Chair Powell later today which could give markets the guidance they need.
· 2