Gold exploded after FOMC meeting!
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
Fed vice chair Clarida will deliver a speech on US monetary policy
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading above the Kumo. An upward wave would lead the currency pair higher, confirming the bullish scenario.
European Market View
On Monday preliminary August German HICP inflation ticks in. It is expected to hold steady around zero.
Fed vice chair Clarida will deliver a speech on US monetary policy. Given his importance in the FOMC, we are looking forward to hear his views on the Fed’s new average inflation targeting regime and perhaps indications of what it intends to do at the upcoming September meeting to ensure the new regime is credible.
European Key Point
- On Monday preliminary August German HICP inflation ticks in.
- Fed vice chair Clarida will deliver a speech on US monetary policy.
Michael Eliades
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