What is it? Fed chair Yellen is due to speak at the Federal Reserve Bank of Boston's Conference on Inequality of Business Opportunity, in Boston.
As head of the central bank, which controls short term interest rates, she has more influence over the nation's currency value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy.
Usual Effect: If the speech will hint towards higher interest rates, you can expect the USD to rise.
When? October 17th at 8:30am Eastern Time.
Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.
Talk to us to get get FREE signals and start earning now: 
Other top stories:
4 Tips for Today's Trading - 17/10
Follow us and SHARE this story on Facebook/Twitter:
