Testimony

Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts​​​Dow touches one-week low​The index continues to retreat from the six-month high it hit last week, shedding ground rapidly in the…

Share: WTI jumped to its highest level since June 8, reaching $72.70. Powell didn’t deliver hawkish…

Share: NZD/USD peaks near 0.6200, then stabilizes around 0.6160 to then recover to 0.6190. Fed’s Powell…

GOLD PRICES OUTLOOK:Gold prices sink on Tuesday, weighed by strong U.S. economic data ahead of Powell’s Congressional testimonyThe Fed Chair will deliver his Semiannual Monetary Policy Report to Congress on Wednesday and ThursdayThis…

Share: Fed Chair Jerome Powell will address the House Financial Services Committee on Wednesday. KB Homes,…

Share: Gold Price struggles to keep bears on board after snapping two-week uptrend, retreating of late.…

S&P 500, US Dollar, Jerome Powell, Janet Yellen – Asia Pacific Market Open:The S&P 500 sank 1.6% in the aftermath of the Fed rate decisionChair Jerome Powell tried pouring cold water on rate cut betsMeanwhile, Janet Yellen…

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:While the retreat in recent weeks has reduced the upward pressure, it is not sufficient to conclude that the nascent uptrend in US equities is over.The S&P 500 and the Nasdaq 100 index…

EUR/USD Price, Chart, and AnalysisChair Powell testifies before the Senate this afternoon.The Euro is flat to marginally better bid over the past week. Recommended by Nick Cawley How to Trade EUR/USD Most…

Dow Jones, S&P 500, Powell Testimony – Asia Pacific Market Open:Dow Jones, S&P 500 plunge after Jerome Powell testimonyThe chair of the Fed offered an increasingly hawkish viewMarkets are starting to favor 50-basis point hike this…