After the 1st few minutes of the prepared comments from Fed's Powell, the markets are seen some reversal.The major indices are trading near unchanged
After the 1st few minutes of the prepared comments from Fed’s Powell, the markets are seen some reversal.
The major indices are trading near unchanged as the question portion of the presser begins
In the Forex:
- The EURUSD is back above the old low at 0.98633 and trades at 0.9870
- GBPUSD move back above its earlier session low at 1.1303 and trades at 1.1325
- USDJPY is verse back down toward 143.80. Currently trades at 144.00. The 100 hour moving averages at 143.45 below.
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