Key highlights from Powell testimony before US Senate

Jerome Powell, Chairman of the US Federal Reserve (Fed), delivered the Semi-Annual Monetary Policy Report and responded to questions before the Senate Banking Committee on the first day of his Congressional testimony.

Jul 10, 2024

USD/BRL eyes a support zone at 5.30/5.28 – Societe Generale

USD/BRL up move has stalled near the upper limit of an ascending channel at 5.70, Societe Generale FX strategists note.

USD/CNH to move towards 7.45 by year-end – Societe Generale

Third Plenum meeting is going to happen next week. The discussion around reviving the property market and consumer sentiment will be its main topic, Societe Generale FX strategists note.