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Calm speech from the Chair Of the FOMC, Janet L. Yellen

News Date: 18/9/2014 01:39:39
 

For Europe the very low level of inflation it is a risk of the global economy she said, Unemployment in the US is at 6.1% now, and job creation is increasing 200.000 per month and the target of unemployment is reachable. GDP rose 1% during the half of 2014, inflation below 2% and that the economic recovery is going on the right direction.

After Yallen calm speech directly Gold gave strength to the dollar by diving under the support level 1225, reaching the deep of 1215, and now we have 1180 in range and the market might retest this strong support for the 3rd time, where 1180 been tested in the past in December 2013 and in June 2013.

Provided by Fxhighway    

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