5 min listen
Powell warns of lasting virus damage, empowers dollar but sinks stocks
Powell warns of lasting virus damage, empowers dollar but sinks stocks
ratings:
Length:
4 minutes
Released:
May 14, 2020
Format:
Podcast episode
Description
Fed Chair Powell delivers bleak assessment of US economy but rules out negativerates. Dollar stands tall as Wall Street takes a dive, pulling global stocks with it.Pound and kiwi slip to multi-week lows, aussie and loonie also on the backfoot.Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: http://www.xm.com/market-analysis-videoIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.Visit our page for more: http://www.xm.com the international Forex broker.
Released:
May 14, 2020
Format:
Podcast episode
Titles in the series (100)
Dollar edges up, stocks muted in cautious start to week by Global Market Insights - Forex, Futures, Stocks