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ADP report in focus, Swiss KOF stable

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Starting day for US jobs data (by Yann Quelenn) During Janet Yellen’s speech at the Economic Club of New York she confirmed what we have been saying for almost a year - the Fed is clearly not in a rush to raise rates. The Fed chair expressed her cautiousness about the strengthening of the US economy. Yellen also added that any rate hike will be gradual. She also admitted that growth is likely to be weaker than expected. Obviously, weaker global demand is not synonymous

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