Markets are worried while waiting for the Jerome Powell's Fed speech
09 July 2019
Dear traders,
On July 10 at 02:00pm GMT, the head of the US Federal Reserve System Jerome Powell will address the congressmen with a six-month report on the state of the American economy.
According to analysts, Powell’s speech should clarify the Fed’s intentions about interest rates. The expected event has already caused the dollar strengthening against other currencies and put pressure on the gold price.
Learn what FreshForex analyst tells about it:
Tension in US-Chinese trade relationships is forcing the Fed to consider the interest rates reduction. On Friday consider buying EURUSD, GBPUSD, #SP500, #MasterCard, #Visa, #DJI30.
Prepare for volatile market in advance and protect your positions!
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