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2020/02/12 · Fed chair is speaking in front of the Senate banking panel So far the testimony from Fed's Powell has been pretty tame. ForexLive.com is the premier forex trading news site offering

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Investors seem to have adopted a “wait and see” approach during Tuesday’s trading session with currency markets on standby ahead of Yellen’s congressional testimony on Wednesday and Thursday. With the economic calendar relatively light due to the lack of macroeconomic data, price action should dictate where most major pairs trade today.

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Gold Price to Take Cues from Coronavirus News Following
Dollar Drops Before Powell's Testimony 02/11/2020 - 08:34:00 (RTTNews) (RTTNews) - The U.S. dollar was lower against its most major opponents during the European session on Tuesday, as investors awaited testimony from Federal Reserve Chairman Jerome Powell to see whether he would downplay the risks posed by the coronavirus.

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The Fed testimony with Chairman Jerome Powell may undermine the recent rebound in EUR/USD if the central bank head tames speculation for lower interest rates. Forex trading involves risk

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US Dollar Bounces From Fibonacci Support Ahead of Powell
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Forex Trading News; Currencies; Testimony by the Fed Chair Powell: upbeat for the USD? On the H4 chart of EUR/USD, we can see that the pair broke the lower border of the descending trading channel, but found the last September’s support at 1.0903. If Mr. Powell provides hawkish comments, the USD will get stronger and we may see a breakout

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New to Forex Trading Guide. Traits of Successful Traders. Introduction to Bitcoin Trading. After his testimony, overnight index swaps showed a slightly smaller chance of easing in the year ahead.

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AUD/USD Traders to Look Past Fed Testimony as Coronavirus
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Forex - U.S. Dollar Little Changed; Powell Testimony Eyed
The U.K.’s first GDP reading for Q4 2019, Powell’s testimony, and Carney’s presser are all due within the next trading sessions, so I figured we should look at Cable’s chart today. Currency Snapshot: Major Forex Pairs Price Performance from MarketMilk

Markets Brace for Powell Testimony, Round Two
By Alex Ho. Investing.com - The U.S. dollar was little changed on Tuesday in Asia ahead of Federal Reserve Chairman Jerome Powell’s testimony later in the day.

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