A sense of anticipation was felt across financial markets on Tuesday as investors prepared for Fed Chair Powell’s testimony. The British Pound remained depressed thanks to a stabilizing #Dollar. In the commodity arena, #Gold was pressured by renewed US rate hike expectations. Dollar bulls could receive a welcome boost if markets interpret Jerome Powell’s first congressional testimony as hawkish.
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
A sense of anticipation was felt across financial markets on Tuesday as investors prepared for Fed Chair Powell’s testimony. The British Pound remained depressed thanks to a stabilizing #Dollar. In the commodity arena, #Gold was pressured by renewed US rate hike expectations. Dollar bulls could receive a welcome boost if markets interpret Jerome Powell’s first congressional testimony as hawkish.
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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