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  • Powell: Dollar strength is disinflationary at the margins

Added at 10:06am

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It's very hard for poor country. Crude Oil price and USD will be the main cause.
Disinflationary. That's means, You will not increase interest in the next term.
The next job for Powell? POWELL: "DO YOU WANT FRIES WITH THAT? DO YOU WANT TO SUPERSIZE THAT MEAL?" He's probably get fired for blaming the customers for dirty Coke machines.
so, 1 EUR will equates to 1 USD?
“POWELL: WORKING HARD TO `GET SMARTER' ABOUT THE SUPPLY SIDE”

Get ready crypto crowd currency wars to heighten, much volatility I see. Mmm USDjPy to 147, and beyond
Learn, a forex trader must, unlearn and relearn he will.
Quoting Ftmofx
Disinflationary. That's means, You will not increase interest in the next term.
That would be the case if the prices just stopped increasing, but I don’t see this happening any time soon. So prepare for more hikes and for stronger US dollar. It’s a war and a global slowdown thus that’s the only way to go.
Anyways USA is not the only country which hikes rates, but the problem is that the other countries cannot keep up with the FED and with pace at which the US economy is growing.

DXY soon 105.5xx
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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