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Fed's Clarida: economy in a good place

Fed's Vice Chair Clarida is crossing the wires, with some positive comments about the US economy:

  • The economy and Feds policy are in a good place. momentum in the economy is good.
  • Tariffs unlikely to have an effect on growth.
  • Fed interest rates 'a long way from zero now.´
  • Sees prospects for an upturn in global growth later in 2019.
  • Don't see a need for a rate move in either direction
  • Dismisses chances of a possible recession.

Gold Technical Analysis: The break below 1303 (50% Fibo) and the 21-D SMA opens 1285

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US Dollar Index seen around 98.5 by the second half of the year - Westpac

Relative growth comparisons and broad market sentiment remained supportive of the US dollar this month, explained Westpac analysts. They expect this w
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