Fed Chair Powell talking Sunday night US time, Globex & Asia FX markets might be on edge | TradingFaculty

I posted this on Friday however ICYMI, Federal Reserve Chair Powell recorded an interview on Thursday with US TV present 60 minutes. He was questioned on inflation dangers and the financial system, the timeline for reducing charges, and extra.

The interview will air at 7pm US Eastern time, which is midnight (0000) GMT.

Asia FX might be buying and selling when the interview airs, it’s going to be

  • 11am in Sydney,
  • 9 am in Tokyo,
  • and eight am in Singapore, Hong Kong and Shanghai.

Globex might be open for the Sunday night session.

I doubt there might be something a lot to shock us, Powell spoke on Wednesday and was clear on no March price lower. However, there may nicely be one thing in what he says to maneuver markets round and maintain a minimum of the scalpers completely happy.

Like I mentioned, the interview was recorded Thursday, previous to the bombshell jobs report, however, did Powell know the quantity?

This article was written by Eamonn Sheridan at www.forexlive.com.

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