US and European wheat futures edged lower on Wednesday September 18 as traders await the expected announcement of the Federal Reserve’s first...
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Maroc - FINANCIALMIRROR.COM - A La Une - 26/Sep 10:23
Markets await SNB rate decision, Powell and Lagarde
After witnessing a solid turnaround in U.S. markets on Wednesday, the Dollar pauses its recovery and remains in a consolidative mode heading into the European trading on Thursday. Traders turn cautious and refrain from placing fresh bets on the USD before the release of the pre-recorded speech by Federal Reserve Chairman Jerome Powell. A host of other Fed officials are also due to make their scheduled appearances along with Powell, with their respective speeches trickling in later in the day. The Fed commentary will be critical to gauging the size of the next rate cut in November. Markets are already
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