2:14 PM · 13 May 2020

BREAKING: US dollar declines heavily after Powell's speech

Powell speaks today at an event organized by the Peterson Institute. His statement was strongly expected by the markets due to possible suggestions regarding negative interest rates. Powell did not clearly indicate the possibility of further rate cuts, but above all said that additional steps could be taken to protect the economy from further problems. It was enough for investors to sell off the dollar. It also gains gold, but Wall Street contracts weaken against weak economic information.
USDCHF  broke below local support at 0.9687. Source: xStation5
8 September 2026, 7:50 AM

Economic Calendar: NFIB Index in Focus 🗽 Light Macro Schedule

7 September 2026, 10:45 AM

⬇️USDJPY drops 1% breaking 155

7 September 2026, 10:24 AM

Chart of the Day: USDJPY lowest since February – what stands behind the decline? (07.09.2026)

7 September 2026, 8:59 AM

Economic Calendar: ECB decision, Oracle results, and US inflation - what to expect? (07.09.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits