the Senate confirms the reappointment of Jerome Powell as Fed Chairman for a second term

The US Senate confirmed on Thursday May 12 the reappointment as chairman of the central bank (Fed) of Jerome Powell, chosen by Joe Biden for a second term, in the midst of a series of rate hikes in the face of high inflation. Read alsoIn the United States, employees in a position of strength The … Read more

EUR/USD: the dollar at a 5-year high against the euro while waiting for the Fed

The exit of the EUR/USD from its pennant will set the tempo From a technical analysis perspective, the EUR/USD is consolidating inside a short-term symmetric triangle, known as a “pennant” in technical analysis parlance. The output of this figure and the Bollinger bands of the 4 hour time unit will indicate the next course of … Read more