Market Comment | US dollar fell after Powell's speech
Published on Wednesday, November 28, 2018
Market Comment | US dollar fell after Powell's speech
Summary
Fed Chairman Powell’s speech drove the USD to depreciate after markets read his speech as “dovish”. He said that interest rates are “just below” neutral levels. In another front, financial markets remained calm awaiting the outcome of the Xi-Trump’s meeting at the G-20 summit.
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BBVA Research
BBVA Research
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