US Fed Chairman Bernanke Speaks
Monitor Bernanke's speech for pivotal Forex shifts, as his insights often guide future U.S. monetary policy.
Overview
As the leader of the central bank responsible for setting short-term interest rates, he holds significant sway over the country's currency valuation. Traders pay close attention to his public appearances, which often provide subtle hints about future monetary policy. He served as the Fed Chairman from February 2006 to January 2014 and as a Fed Governor from February 2002 to January 2014. His speeches frequently cause market volatility as traders seek to interpret potential interest rate changes.
Key Information
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to positively impact the currency.
Source & Frequency
Federal Reserve (latest release) - https://www.federalreserve.gov/
How Data is Derived
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Also Known As
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Acronym
Federal Reserve (Fed)