Powell announces new Fed approach to inflation that could keep rates lower for longer

Good!! Now dollar can run!!

Run to where up or down ?

reason ???

Clear the runway, USD is taking off!!

The problem for him is that the only way for inflation to rise is for central bankers like him to lose their control over the money supply and cede it back to government Treasuries, i.e. politicians. How much do you want do you want to believe someone who tells you he really wishes the end of his rule or, more clearly, the end of his banker backers' rule, established since Paul Volcker and the 1980s? Ultimately, it may not matter what he really wants, for what will happen will probably be out of his control anyway. Fortune has a way of forcing things through when their time comes

Fed will not raise rates for longer time. Low rates means less interest for dollar. So why this is good for dollar?

Repeat of history. Every fiat currency has failed. Every one in all of history. The story is the same. Over and over and over. I have a 1 Trillion Dollar Zimbabwe bill I will sell you for 1 Million US Dollars. Hey, I know what I got!

Robots are brainless vultures “algos”...,feeding on weak traders, pushing markets in the wrong direction especially ” futures”.

I told you the other day, usd is heading for stratosphere. Fed knows very well that for USD to keep it safe haven status interest rates have to increase over time and therefore cpi needs to rise.

Russia and China will do anything possible to rip the USD from its status and the Fed knows that too.

Does that mean usd will go up

Translation: if the government doesn’t steal at least 2% of your wealth with the inflation tax, it could be a “serious threat” to the economy.

Why would lower amounts of government money printing potentially cause a threat? A threat to politicians and their pork barrel spending?

Wow! Massive,congrat! to my fellow traders that grab the opportunity

Could somebody explain that in a simple word? Not all of us are expert in analysing how Powells speech will affect the market, is it good for? Will it increase it's value?

Inflation = expensive = US dollar rise? Only in US you will see print money, money becomes sought after. Forget about what you learn in university. Everything is different.

I'm still waiting for gold to rocket.

Trade the charts and price action, as for fundamentals lower interest rates for USD means low interest from foreign investors, more room for the USD to go lower.

For short term USD index is in a strict range 92.60 - 93.50, so play it smart and watch those levels!

Cheers and green pips!

Amazing how the dollar took off as some suggested it would

Thanks for the advice my friend, you were right and it went as you suggested. Although next week is predicted to be swingy. Let's see what happens