Fed Chair Jerome Powell took the stage yesterday with a series of hawkish comments but nevertheless, a significant degree of data-dependence is still in place.
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Fed Chair Jerome Powell took the stage yesterday with a series of hawkish comments but nevertheless, a significant degree of data-dependence is still in place.
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USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.
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USD/JPY resumes its advance and rises to multi-month highs, supported by higher Treasury yields following Powell’s hawkish comments in a congressional hearing.
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The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF
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Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception
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