OctaFX | OctaFX Forex Broker
Open trading account
Back

Powell speech: The Fed is going to “go in strong” on asset purchases

More comments are crossing the wires from the US Fed Chairman Powell, with the key headlines found below.

"Is of less interest" to him if Fed's asset purchase program is labeled QE or not.

Fed is not seeking authority to buy securities other than treasuries and MBS.

There is no weekly or monthly cap on asset purchases.

The Fed is going to "go in strong" on asset purchases.

Fed is willing to be patient in assessing when to raise rates back from near zero.

AUD/USD stays below 0.6200 as the central bankers surprise markets

Having gradually risen to 0.6220 from 0.6100 ahead of a few minutes, AUD/USD drops to 0.6180 amid the initial Asian session trading on Monday. The pai
Read more Previous

US dollar drops as Fed cuts rates to zero in emergency meeting

The US dollar is lower across the board following a move by the Federal Reserve to not only lower the cost of the dollar on swap lines, but by slashin
Read more Next
Start livechat