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Fed’s Powell: Current capital standards in US ‘are about right’

Fed Governor Jerome Powell recently crossed the wires, with key quotes (via Reuters) found below:

  • Current capital standards in the US 'are about right’
  • Almost time on removal of qualitative test from stress testing for large banks
  • A lot of room to reduce Volcker Rule burden on less complex institutions

USD/CAD rises above 1.25 on crude oil sell-off

The USD/CAD pair, which eased to a session low at 1.2490, gained traction in the last hour and broke above the 1.25 mark as the commodity-sensitive lo
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USD/JPY consolidates in a range around 113.00 mark

The USD/JPY pair seems to have entered a bullish consolidation phase and was seen oscillating in a 15-20 pips narrow trading range around the 113.00 h
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