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Expect a Hawkish Market Reaction After Powell’s Address Tonight

Expect a Hawkish Market Reaction After Powell’s Address Tonight
Markets Wednesday’s PMI-triggered correction didn’t went that far after all. In the run-up to Powell’s Jackson Hole address, it’s still all to play for when it comes to key technical levels. The US 2-yr yield closed above 5% following a daily gain of 5.3 bps. Longer tenors still added up to 3.3 bps in the […] The post Expect a Hawkish Market Reaction After Powell’s Address Tonight appeared first on Action Forex... Read More
Posted: Aug 25 2023, 06:48
Author Name: actionforex
Views: 111772

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