Brace yourselves. This day is finally here. I am talking of course about the day Jerome Powell is going to speak. If you are not scared or worried you are either a beginner trader who is still learning or you haven’t been paying enough attention as of late. Powell has a lot of power over USD and it is not that he is using it for the greater evil, no. He is just trying to tell us what is going to happen to USD according to the predictions and what is going on with the currency at this period in time. And of course we listen – there is no better thing we can for our trading than to listen to Powell in situations like that.

And as you have already guessed Powell is going to give a speech today. And he is probably going to tell us what is going on with USD and what we are to expect from American currency. Of course knowing that the situation is pretty bad there is nothing good that we expect from the speech, so it is only natural that USD started to lose position against the six major rivals in the selloff already commenced by trader community. USD is feared and known for its instability and we know that even if it grows it is not going to be in a gentle manner but in rapid jump.

In order to be prepared for anything USD might throw at us, be sure to use your trading signals today.