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  • US White House Nominates Powell for Fed Chair and Brainard for Vice-Chair

Added at 9:01am
Added at 9:02am

  • Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation

    From cnbc.com

    Jerome Powell, who guided the Federal Reserve and the nation’s economy through the staggering and sudden Covid-19 recession by implementing unprecedented monetary stimulus, has been nominated for a second term as chairman of the U.S. central bank. President Joe Biden made the announcement Monday morning following weeks of speculation that a push from progressives might see Fed Governor Lael Brainard get the spot. Brainard instead will be vice chair of the board of governors; she had been widely expected to get a separate vice chair for supervision post, which oversees the nation’s banking system. As vice chair, ... (full story)

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There was a possibility that Brainard would get the Chair and she is more Dovish than Powell. Powell is slightly more hawkish so this is bullish for dollar.
It's just award only ...... as an expression thank you for political economy
Market is always dinamic
Dove can't be the hawk
USD very Stong now....!
Quoting EntityFX
There was a possibility that Brainard would get the Chair and she is more Dovish than Powell. Powell is slightly more hawkish so this is bullish for dollar.
POTUS already decided.. Powell as chairman.. Brainard as Vice.. no more possibility
BUY EURUSD after wave 5 complete (classic devergence wave 3 to wave 5) dan potential shakeout tf m30
Market is always dinamic
this news only rumor to build complete wave 5 ........ had done ..... sentiment finish
Market is always dinamic
market always publish news for manipulation ..........
Market is always dinamic
This news is expected and appreciated Mr Biden.
...because you never know - until you do!
No need to be spiced or engineering news ....... wave 5 must be complete and complete ... politics like a thanks giving statement ... it doesn't make sense ... hahaha
Market is always dinamic
Iexpect a sudden drup in gold to 1750..
if eurusd back above 1.28 this going to be very bullish for midterm
yes gold must down to 1650 ......... before EURUSD go down ..... gold going up ...... now EURUSD going up for correction ABC ........ then gold must down
Market is always dinamic
...... and he continues printing the us dollar
Patience.....
Its like some people are busy buying eurusd in the face of the heavy down trend
I will only say follow price and forget ur indicators and news, indicators does not move without price news work in two ways if the news is in favour of of the dominant trend take profit target will will be attend fast if the news is not in favour of dominant trend it creat a better pull back for good entry
all time high for S&P again
Quoting Donfeb
Its like some people are busy buying eurusd in the face of the heavy down trend I will only say follow price and forget ur indicators and news, indicators does not move without price news work in two ways if the news is in favour of of the dominant trend take profit target will will be attend fast if the news is not in favour of dominant trend it creat a better pull back for good entry
I would even go so far as to say forget about day trading and scalping and focus more on being a swing trader/ positional trader. I doubt banks are scalpers and day traders.
You don't know because you don't ask.
  •  Guest
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Very strong for usd. Now the debtors are going to look at their risk profiles and start adjusting to taper and rate rise. USD is going up for a while before gold makes a significant move. Months.
Quoting hesrondopa
yes gold must down to 1650 ......... before EURUSD go down ..... gold going up ...... now EURUSD going up for correction ABC ........ then gold must down
Riiiiiiiight.
BUY Gold For now... TP : 1905.00
He seems to me to be a procrastinator who has no plan for what is happening right now. That was already evident under Trump. The Fed reacts much too late to keep a galloping inflation in check that is clearly emerging for everyone.
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  •  Guest
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  • Story Stats
  • Posted: Nov 22, 2021 9:00am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 22  /  Views: 11,852
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