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  • Trump to pick Powell to be Fed chair: WSJ reports, citing source

    From cnbc.com

    President Donald Trump will pick Jerome "Jay" Powell to be the next Fed chair, The Wall Street Journal reported Wednesday, citing a source. The White House has notified Powell that it intends to nominate him, the WSJ reported, citing a person familiar with the matter. Figuring out who the administration would name to succeed current Fed Chair Janet Yellen has been one of Wall Street's favorite parlor games in recent weeks. Powell has long been seen as a front-runner along with former Fed board member Kevin Warsh, Stanford economist John Taylor and Yellen herself. Trump is slated to announce his decision on Thursday, ... (full story)

Ok. At the time of release, the US dollar went down. Thanks! We know now what will happen when the announcement is made...
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
woww
Quoting NotAtrader
Ok. At the time of release, the US dollar went down. Thanks! We know now what will happen when the announcement is made...
it's priced in, the usdjpy keeps testing 114 and eurusd struggles to move above 1.1660. chances are the dollar rally will go on for a while
Can someone send an owl to Mr President and request he gives a time for his announcement? For the benefit of Wall Street.

A
Humans are naturally hardwired to avoid and detest uncertainty.
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  • Posted: Nov 1, 2017 4:32pm
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 5  /  Views: 2,829