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Mar 04 - 10:55 AM

USD: All Eyes On Fed Powell's Speech; What To Expect? - Citi

By eFXdata  —  Mar 04 - 09:40 AM

Citi summarizes its expectations for today's speech by Fed Powell (12:05 pm EST).

"All eyes today will understandably be on Fed Chair Powell who speaks at 17:05 GMT. Powell’s speech is accompanied by a Q&A session," Citi notes. 

"CitiFX Strategy believes that Powell is likely to talk down rates activity in a bid to ease anxieties prior to the FOMC blackout period. Nonetheless, risk of volatility remains prominent if Powell fails to appease markets," Citi adds. 

Source:
Citi Research/Market Commentary

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