Thursday , 21 November 2024
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It’s a light economic calendar to close out the week, but Powell is on the agenda

The US economic calendar is essentially bare today, aside from leading indicators — which is never a market mover. That should send US traders away early, and even moreso for Canada which also has Monday off.

However there’s a speech from Powell at 3:30 pm ET that could keep some in the office. However, I think it’s probably safe to sit that one out as it’s a commencement address at Georgetown Law. That certainly doesn’t seem like the kind of place to be making comments about monetary policy or the economic outlook, though you never know.

This article was written by Adam Button at www.forexlive.com.

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This article was written by Greg Michalowski at www.forexlive.com.