Info here: Wall Street Journal: Trump considers naming next Fed chair early – bid to undermine Powell
Wall Street Journal reports that Trump may accelerate naming a successor to Federal Reserve Chair Powell
- either this summer, September or October
- this might allow the chair-in-waiting to influence investor expectations ahead of the end of Powell’s term
FX has jumped against the USD.
EUR, GBP, AUD, NZD, NZD, CHF all up, CAD also.
EUR/USD update:
This article was written by Eamonn Sheridan at www.forexlive.com.
