Draghi and Yellen in focus today – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Research Team at Danske Bank, suggests that today is a quiet day in terms of data releases however, there are a few events that may turn out to be interesting.

    Key Quotes

    “The most important release today is the Chinese FX reserves. In the euro area, the account of the ECB monetary policy meeting is due and any details providing further information about the monetary policy decision on 10 March will be watched closely by the markets. Also ECB's Draghi is speaking today.

    Tonight, Fed chair Yellen appears in a panel with previous chairmen Volcker, Greenspan and Bernanke. Although the setup is exciting we doubt there will be anything new from a market perspective.”
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