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3 Reasons Why Dollar Sold Off Post FOMC | BK Asset Management

July 28, 2021 Daily FX Market Roundup 07.28.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The U.S. dollar traded lower against most of the major currencies on the back of the Federal Reserve’s monetary policy announcement. EUR/USD rose to its strongest level in nearly 2 weeks while USD/JPY dropped back below 110. Interestingly enough, Fed Chairman Powell did not appear overly concerned about Delta. In the press conference he said, “What we’ve seen is with ...
United States Las Vegas Federal Reserve Why Dollar Sold Off Post Kathy Lien Managing Director

Biden finds unlikely allies for massive state rescue: local GOP officials

POLITICO ‘Check partisanship at the door’: Biden finds GOP allies for rescue money The clash between local and national Republicans is a rare public division in a party that has generally been united in opposition to policies being pushed by Biden and Democrats. Oklahoma City Mayor David Holt gestures as he speaks during a news conference Friday, Sept. 6, 2019 in Oklahoma City. | Sue Ogrocki/AP Link Copied Republicans in Congress attacking President Joe Biden’s plan to pour hundreds of bi...
New York United States White House District Of Columbia Oklahoma City Jerome Powell

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