The Fed Chair told the House Financial Services Committee overnight he is on board with a 25 bps hike in two weeks. Wednesday US cash market close: The Dow Jones Industrial rose 596.4 points (1.79%) to close at 33,891.35 The S&P 500 index rose 80.28 points (2.51%) to close at 34,058.75 The Nasdaq 100 index […]
The post Powell on Board with a March Hike, AUD/JPY Taps YTD High appeared first on Action Forex.