Analysts at Danske Bank points out that we have had a number of Fed speeches and the Fed Vice Chairman Clarida backed the more gradual approach to rate rises and stated that risks ‘was less skewed to the downside’. Key Quotes “While St. Louis Fed President Bullard was more cautious and said the Fed must monitor possible ‘cracks’ in the recovery, while others called for a more neutral policy and noted there were pockets of distress and that the trade dispute with China was not helping the economy.” “The Fed Chairman was also criticised by President Trump for raising rates. Hence, there will be plenty of focus on the speech tonight by Powell.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP: Look for a retest of the .8934/41 recent highs – Commerzbank FX Street 4 years Analysts at Danske Bank points out that we have had a number of Fed speeches and the Fed Vice Chairman Clarida backed the more gradual approach to rate rises and stated that risks 'was less skewed to the downside'. Key Quotes "While St. Louis Fed President Bullard was more cautious and said the Fed must monitor possible 'cracks' in the recovery, while others called for a more neutral policy and noted there were pockets of distress and that the trade dispute with China was not helping the economy." "The Fed Chairman was also criticised by President Trump for raising rates.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.