EURUSD, USDJPY, GBPUSD Forex: Post Powell, Month End Flow, what next for USD Price Action 27 08 2020

Uploaded by Eldridge Fleetwood on August 28, 2020 at 4:12 am

Hi Traders,

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The Economic Symposium, held in Jackson Hole, Wyoming, is attended by central bankers, finance ministers, academics, and financial market participants from around the world. Comments and speeches from central bankers and other influential officials can create significant market volatility.

Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2022) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar’s value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy.

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