Powell: Will only react to shortfalls in max employment rather than deviations

USD up

Sell USD due to stimulus package

nothing new

Nope w8 bro powell not even talk about bond buying nd yields

Same old stuff, huh

BUY XAUUSD

Why you all giving trading tips without even think about biden rising yields under pressure gold nd even all time high stock market gpd to market ratio 130% according to warren buffett... Even powell nothing said new. Now plz don't cross line if you cross then new traders loss own not yours members just go slow if powell says we continue bond buying nd we aware about yields then aggressive buy all Metal's or risky azsets

looks like USD is about to go bearish again. c'est la vie... my european house purchase dreams sink every day the USD dies.

Plan B - buy a US house instead for a lower real price.

Now confirmed buy gold nd aud nzd gbp nd S&P500 FOR long term buz fed doesn't taper bond buying.. happy trading but don't go over use risk management...
Oil also up buz fundamentals ease something now oil already on buy target 54.00 after 54.45 if you need sl then your sl 52.00 but my fain focus on cash nd industrial metals

Print trash

yes, maybe usd will up bcs this stimulus, their economy will more faster to rebuild again.

U got it wrong way. Stimulus means print more money. Currency will devaluate. Cheap dollar but it'll boost import export (rising in stock market) due to cheap currency. It will help economy growth

Hi all. Normally I try to avoid sharing controversial ideas, as people tend to completely misunderstand and the only thing I get back is bash and shit, but this time around I just can’t let go because many people here don’t seem to be able to think as deep as necessary.
I will try to break dow this for you...

Yes it is broadly believed that currencies get cheaper when printed more. But......
Think what you would do if you were a speculator. You would wait a couple of days until the first couple spikes down are over and then you will buy like hell because everyone else who believe that the currency will get devalued wants to sell it.
This will automatically put the most inexperienced and retail traders in wrong position and against the trend. This results in increasing the demand thus the price of the currency goes up. Surprise surprise
Of course this is not always the case as one should analyze this considering the general fundamentals and technicals as well, but all in all this is what happens when money is being printed and that’s not because of the investors but because of the speculators.
So don’t take it for granted that the US dollar will get weaker because of printing more of it. This is absolutely not sure.

As you can see, since Biden announced the relief package (which basically means printing more money) the US dollar index went up from 90.1 to 90.7. This is forcefully driven market reaction by the speculators.