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FOMC Chair Jerome Powell will REMAIN seated! How will the markets react to this decision?

Summary:
Marc Chandler from Bannockburn Global Forex discusses the FOMC reappointment of Jerome Powell and how the markets may react moving forward. More importantly, what happens to the bond market and do yields on the lower end of the curve continue to flatten? Marc Also discusses the USDJPY rally which he predicted last time he was with the Trader Summit community. Is there further to go or have we reached the range highs once again? Marc also talks about the aggressive move in the USDTRY and how the Turkish Lira was down over 10% today and what to make of this move. 0:00 - Marc Chandler 01:00 - Why did Jerome Powell remain as the Fed Chair? 11:45 - Breakout in the USDJPY #federalreserve #powell #FOMC 👍👍 Make sure to like, share, and subscribe to our channel to ensure we continue to

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Marc Chandler from Bannockburn Global Forex discusses the FOMC reappointment of Jerome Powell and how the markets may react moving forward. More importantly, what happens to the bond market and do yields on the lower end of the curve continue to flatten?



Marc Also discusses the USDJPY rally which he predicted last time he was with the Trader Summit community. Is there further to go or have we reached the range highs once again?



Marc also talks about the aggressive move in the USDTRY and how the Turkish Lira was down over 10% today and what to make of this move.



0:00 - Marc Chandler

01:00 - Why did Jerome Powell remain as the Fed Chair?

11:45 - Breakout in the USDJPY



#federalreserve #powell #FOMC



👍👍 Make sure to like, share, and subscribe to our channel to ensure we continue to deliver these high quality interviews and content.🙌🙌



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Traders Summit is an innovative portal with a clear aim: Provide high-quality market-related content. There are two key components to the overall business, quarterly online summits and daily in-depth analysis. The list of Trader’s Summit contributors is very selective, but also compressive across all asset classes. Each contributor is recognized as a leader in their specific asset class.
Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

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