What is it? Fed Chair Yellen is due to participate in a panel discussion titled "Policy Since the Onset of the Financial Crisis" at the Bank of France's Symposium "Central Banking: The Way Forward?," in Paris. Audience questions expected.
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.
When? November 7th at 10:15am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.
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