Danske Bank analysts note that in Powell’s much awaited Jackson Hole address he did not pre-commit to more easing as expected, which in other words means an unchanged Fed narrative. Key Quotes “He repeated the easing bias through “will act as appropriate to sustain the expansion”. We believe that in particular Powell addressed two very important items; 1) the worsening trade war (Powell referred to the period since the July FOMC meeting as ‘eventful’) 2) the global economy has shown more weakness since the July FOMC meeting.” 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 NZD/USD technical analysis: Bias remains tilted in favour of bearish traders until below 0.6400 mark FX Street 4 years Danske Bank analysts note that in Powell's much awaited Jackson Hole address he did not pre-commit to more easing as expected, which in other words means an unchanged Fed narrative. Key Quotes "He repeated the easing bias through "will act as appropriate to sustain the expansion". We believe that in particular Powell addressed two very important items; 1) the worsening trade war (Powell referred to the period since the July FOMC meeting as 'eventful') 2) the global economy has shown more weakness since the July FOMC meeting." 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.
