What is it? Fed Cahir Yellen is due to speak about bank regulation and supervision at the Citizens Budget Commission's Annual Awards Dinner, in New York.
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? March 3rd at 8:15pm Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the USD to rise.
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