Tag: Powell
Powell Confirmation to be Agreed
Likely to follow Yellen's lead, initially
In a prepared testimony for Congress which was delivered yesterday, Fed Chair designate., Jerome Powell, followed the course set...
Dollar Lacking Momentum
Fed. Chair Jerome Powell to be confirmed this week
The dollar has been on the back foot over the thanksgiving holiday as the drivers that...
Dollar Suffers as FOMC Turns Dovish
December rate hike called into question
The minutes of the latest FOMC meeting were released yesterday and provided traders a glimpse into the future of...
Tangled
One of the most baffling cryptocurrencies was hacked last night. Tether (USDT) is a cryptocurrency that is pegged in value to the US Dollar....
Merkel facing Coalition Dilemma
German President wants a coalition
Angela Merkel, the German Chancellor, has found herself in an unusual position following September’s election. She is unable to exert...
Plenty of Data, No Fresh Ideas
Market beginning to look forward to year end
The typical mid-fourth quarter scenario where traders want to start to protect their P&L is beginning as...
Inflation to Seal Rate Hike Deal?
FOMC members showing dovish tendencies
It may be a little late now that the rate hike genie is out of the bottle but there are...
No News is Bad News
Brexit talks unlikely to yield a breakthrough
The fifth round of Brexit negotiations began yesterday with the two sides as far apart as ever on...
Euro Falling on Dovish ECB
Interest rate differentials starting to bite
The Euro fell to its lowest level in three months versus the dollar yesterday as the cost of holding...
Bitcoin Goes Full FOMO
As the price reaches newer highs by the moment, the Bitcoin market is now deep in the thralls of FOMO. No telling how long...