Investors Sell Off During Powell’s Speech: Impact on American Dollar, Risk Assets, Politics, and Economy

Investors sold off during Powell’s speech american dollars and risk assets in oekvn – according to comment fa Fed – there will be many other codes that are restrictive politics Fed pravdpodobn “napch” na economy. Dollar was according to weakening changes with “room for growth” restrictive politics Fedwho must be careful, nor would he want to push the restrictiveness of the present politics. Powell he revealed that he was talking about further observations Fed will be prce market. To znamen, e Federal Reserve System by rd vidl nrst unemploymentdecrease salary or the name of the demand for workers – which caused concern about recession. apart from that gold they also supported the republican confirmation of media at first by suspending one o debt limit.

Gold responded with great demand, dollars index (USDIDX) weakened at the same time, which again confirmed the inverse correlation gold (GOLD). BITCOINwhich bhem banking crisis showed a correlation with free assets, while with gold did not experience a positive reaction.

American dollars (line clay, USDIDX) ztrc, zatmco gold (GOLD) strengthens. Source: xStation5

Graf GOLD (interval H4). Gold is traded in madness resistance on par 1975 USD per ounce – marked 38.2 Fibonacciho retracement He will mark me in advance rst do oblasti 2000 dollar – psychological levels where we see the main resistance zone – SMA200 (red line). Source: xStation5

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