Forex Forum Archive for 08/21/2022

PAR 18:58 GMT August 21, 2022
WAR AND PEACE
Reply   
It will get uglier and uglier. Nobody is safe anymore.

Mtl JP 13:14 GMT August 21, 2022
Jackson Hole

STILL IN THRALL TO THE FED

Now that Bill Dudley is an ex - i.e. former - Fed official free of ties that bind he appears to have loosed his tongue about the FED chair somewhat :
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In his 2021 address, Powell got it wrong in several important ways. He asserted that a nascent surge in inflation was �likely to prove temporary,� that the low unemployment rate �understates the amount of labor market slack,� and that �we see little evidence of wage increases that might threaten excessive inflation.�

"Nearly a year ago, when US Federal Reserve Chair Jerome Powell delivered his speech at the annual economic conference in Jackson Hole, a global audience was hanging on every word for insights into the outlook for growth, inflation and monetary policy in an extremely uncertain environment.

Given how mistaken his assessment proved to be, he�ll have a harder time sounding convincing when he gives his next speech in the same venue later this month. But for the sake of the Fed�s efforts to contain inflation, he�ll have to try. ... .. To convince markets of the Fed�s resolve, Powell will have to .." ...

... lay it on thick (me paraphrasing bill)

next scheduled FOMC: Sept. 15-16

Powell Will Face a Tough Audience in Jackson Hole
By Bill Dudley August 18, 2022

Belgrade Knez 10:14 GMT August 21, 2022
German gas

They should let the Nord Streem 2 work and problem solved!

GVI 08:17 GMT August 21, 2022
Jackson Hole

Fed's Powell to speak on Aug. 26 at Jackson Hole conference

GVI 08:16 GMT August 21, 2022
Jackson Hole
Reply   
Federal Reserve Chairman Jerome Powell will use his closely-watched Jackson Hole speech next week to stress that the central bank is going to bring down the high U.S. inflation rate even if it means a recession, economists said.

Powell to tell Jackson Hole that recession won�t stop Fed�s fight against high inflation

Mtl JP 01:22 GMT August 21, 2022
mkt

calm the markets. calm the markets ! calm the markets !!
why ?! hey guterres what about traders who / strive need to make money ?

USA ZEUS 11:57 GMT October 5, 2017
Trading Basics - Volatility
In order to make money from trading you need to have price movement. In order to have price movement you need volatility. Volatility is cyclical. Without it, moving averages, momentum indicators, overbought/oversold indicators, support and resistance lines etc are essentially useless.
Volatility is the fuel that drives the engine!

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"Getting more food and fertilizer out of Ukraine and Russia is crucial to further calm commodity markets and lower prices for consumers."

U.N. chief says Russian food and fertiliser must get to markets - U.N. Secretary-General Antonio Guterres