Speeches and policy decisions

When Alan Greenspan, the Chief Banker of the United States, is expected to talk the currencies normally range within a tight range until his speech commences during which time they can move quite substantially, depending on the topic and content of his speech. Other speakers in the USA who can move the market include: Ben Bernake, John Snow and Janet Yellen.

Policy decisions such as those made at G11 meetings tend to initiate a trend in the currency market which may last a few days or weeks.