Fed's Fischer: No comments on monetary policy or economic outlook

FXStreet (Bali) - Vice chair of the Federal Reserve Stanley Fischer is speaking at the National Economists Club annual dinner, making no comment on monetary policy or economic outlook in prepared remarks.

Key headlines

Fed's Fischer warns actions that would compromise monetary policy independence would be dangerous

Fed's Fischer says anchoring of inflation expectations is due to continued credibility of fed s independence from political interference

Fed's Fischer says fed requires operational freedom to pursue its mandate

AUD/USD bears in control ahead of Nonfarm Payrolls

AUD/USD is currently trading at 0.7133 with a high of 0.7152 and a low of 0.7126.
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USD/JPY rally running out of steam? Not likely

USD/JPY is currently trading at 121.51 with a high of 121.61 and a low of 121.46. USD/JPY has consolidated at the mid-way point of the 121 handle after a strong uptrend commenced with the greenback under demand across the board with the 120.80 launch pad located in the vicinity of the 200 SMA at the start of the week and where the cluster of MA's accumulated before demand stepped in and risk picked up. However, today was a slightly different story.
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