Fed Chair Yellen Speaks - (USD) - 02/12

 

What is it? As head of the central bank , which controls short term interest rates, she has more influence over the nation's currency value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy. 

When? At 12:25pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the USD to rise.

Ask us about our FREE financial advice program: ChatButton

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

Follow us and SHARE this story on Facebook:   

 

Please publish modules in offcanvas position.