Analysts at TDS note that Fed Chairman Powell’s appearance on the Sintra policy panel was used to advocate for a gradual pace of rate hikes. Key Quotes “Powell noted strong labor market conditions and downplayed labor market tightness, pointing to relatively modest wage growth.” “Meanwhile, the current account deficit widened to $124.1bn in Q1 (market: -$129.0bn), beating the market consensus on account of upward revisions to Q4.” “Existing home sales for May were weaker than expected at 5.43m units (market: 5.52m), down 0.4% m/m.” 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 NZ: Economy has lost some of its momentum – Westpac FX Street 4 years Analysts at TDS note that Fed Chairman Powell's appearance on the Sintra policy panel was used to advocate for a gradual pace of rate hikes. Key Quotes "Powell noted strong labor market conditions and downplayed labor market tightness, pointing to relatively modest wage growth." "Meanwhile, the current account deficit widened to $124.1bn in Q1 (market: -$129.0bn), beating the market consensus on account of upward revisions to Q4." "Existing home sales for May were weaker than expected at 5.43m units (market: 5.52m), down 0.4% m/m." Top 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.
