(DXY—candlestick) shows just how low the greenback has descended in these tough days for the U.S. economy. The company, which saw its stock spike as much as 10%, says its test will cost $5 and deliver results in 15 minutes.Registration on or use of this site constitutes acceptance of our In 2006, I joined the thinkorswim Group, which was eventually acquired by TD Ameritrade. As we’ve seen throughout the lockdown, many consumers are out there buying weights and stationary bikes. The Federal Reserve Board of Governors in Washington DC. So is AAPL, for that matter, but not quite as much, because it’s not a social media stock and it’s not so dependent on advertising. This might point to investors getting a sense that the Fed can’t be ultra-dovish forever, though it seems doubtful Powell would change his tone tomorrow.Headlines emphasized that Powell might be addressing “average inflation targeting,” which means letting inflation run hotter than 2% at times to offset other periods when inflation is below that.This could translate into the Fed getting less focused on its longtime 2% inflation target and allowing inflation to run above 2% if it’s spent a long time below that. Concerns still remain regarding the US-China trade and traders will continue to monitor those developments going forward.Access our convenient and secure online platform to process your international payments. DOW Futures are slightly lower this morning after US equity markets had a negative day on Tuesday. Looking ahead, the latest Atlanta Fed GDPNow estimate for Q3 growth is a very solid 25.6%.What seems to be happening is that many people looking for somewhere they think might be safe to put their money are turning to Cupertino. However, remember to look at continuing claims, too, because they fell pretty sharply last time. Product availability may be subject to approval. Japan published its March Trade Balance figures, which showed a surplus of JPY103.1 billion, which was worse than anticipated. Maybe if the shutdown’s been good for one thing, it’s getting us all back into shape.CHART OF THE DAY: DOG DAYS FOR DOLLAR: This five-year chart of the U.S. dollar index Sure, they could focus more on digital, but why would someone go online and buy something that’s more expensive at JWN than it is a few clicks away at Amazon 'Powell is on the side of the bulls' — Cramer calls Fed chief's speech 'incredible' for investors. The market awaits more news from the storm heading toward the Gulf Coast, which could damage oil infrastructure there.It turns out no woodshed trip was necessary as the company not only had a good quarter, but also impressed with guidance—a nice change from the previous quarter when guidance disappointed. So is AAPL, for that matter, but not quite as much, because it’s not a social media stock and it’s not so dependent on advertising. Chair Jerome H. Powell.
At "Navigating the Decade Ahead: Implications for Monetary Policy," an economic policy symposium sponsored by the Federal Reserve Bank … Many Fed … Traders will be looking to see how the Fed chair addresses the possibility of negative interest rates in the US. Please conduct your own research and due diligence, and seek the advice of a qualified professional before you purchase any financial products or services.FOR TEXAS RESIDENTS: If you have a complaint, please click Federal Reserve. Chairman Powell will also talk about more QE, how the economy is reacting to the virus, and possibly further fiscal stimulus. Focus hear as with all the currencies is now on the Powell speech later today.USD/JPY remains under pressure, as the currency pair tested significant support levels overnight before bouncing back slightly as the North American trading day begins. This could give the Tech sector a little more zip today after light gains Tuesday.Things weren’t so joyous over at the mall, where JW Nordstrom (JWN) shares got tackled for a 7% loss ahead of the bell after quarterly revenue and earnings came up short of analysts’ estimates. Though Fed meetings don’t have much drama in the COVID-19 era, any speech by Fed Chairman Jerome Powell can still put investors on the edge of their seats. New Economic Challenges and the Fed's Monetary Policy Review. The market prepares for a speech today by Fed Chairman Jerome Powell about the outlook for monetary policy. A figure like that wouldn’t be all that helpful by any stretch of the imagination. US Treasury yields are lower this morning, after US consumer prices dropped the most on record in April, falling -0.8%, the largest decline since December 2008.