Here's how the dollar could respond to Fed Chairman Powell's Jackson Hole speech

Friday was all about Fed Chair 's Jackson Hole Speech at 10 AM ET, but from a market perspective, we might want to keep a close watch on the reaction of the USD to what Powell says or does not say. Why? Thursday's strength in the Dollar reversed overnight into this Friday's pre-market session.

In our 15:30 time discussion Thursday, I posited the following about the USD: " The $64,000 question about Gold and the Gold Miners depends on the direction of the USD: Was the recent decline in DXY the start of a period of weakness or a completed correction?" See the rest of the story at Business Insider

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SEE ALSO: 3 of the world's most important central bankers are skipping this year's 'summer camp for economists' in Jackson Hole