Former FBI’s J.Comey to testify on Thursday – TDS

FX Strategists at TD Securities noted the relevance of the upcoming testimony by former FBI Director James Comey before the Senate Intelligence Committee on Thursday.

Key Quotes

“Former FBI Head James Comey will give public testimony before the Senate Intelligence Committee at 10 AM ET on Thursday”.

“Markets are aware of news reports that suggest he will state that President Trump asked him to stop aspects of the FBI’s Russia investigation”.

“As such, the risk is for a sizable risk-off move on unexpected testimony. Note that the Special Prosecutor may limit what Comey can say publicly”.