{"id":18657,"date":"2021-11-23T12:58:00","date_gmt":"2021-11-23T12:58:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=18657"},"modified":"2021-11-24T09:59:04","modified_gmt":"2021-11-24T09:59:04","slug":"dollar-surges-to-fresh-16-month-highs-after-powell-renominated-as-fed-chair","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/dollar-surges-to-fresh-16-month-highs-after-powell-renominated-as-fed-chair\/","title":{"rendered":"Dollar surges to fresh 16-month highs after Powell renominated as Fed chair"},"content":{"rendered":"\n<p>US President Biden yesterday announced that current Fed chair Powell would be renominated for a second term at the head of the bank. Markets saw a hawkish reaction as &#8220;dovish Brainard-led Fed&#8221; risk was priced out, which pushed the US dollar to fresh 16-month highs. The DXY is now testing a key Fibonacci level.<\/p>\n\n\n\n<p>For more trading details, please check the hyperlinks with time stamp indicated from the video: <\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/vt-mtf3gIBE?t=115\">1:55<\/a>  <a href=\"https:\/\/bit.ly\/3zVm8kX\">US DOLLAR INDEX<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Biden yesterday announced that current Fed chair Powell would be renominated for a second term at the head of the bank. Markets saw a hawkish reaction as &#8220;dovish Brainard-led Fed&#8221; risk was priced out, which pushed the US dollar to fresh 16-month highs. The DXY is now testing a key Fibonacci level. For [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":[],"categories":[2],"tags":[580,42,69,43,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dollar surges to fresh 16-month highs after Powell renominated as Fed chair - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/dollar-surges-to-fresh-16-month-highs-after-powell-renominated-as-fed-chair\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dollar surges to fresh 16-month highs after Powell renominated as Fed chair\" \/>\n<meta property=\"og:description\" content=\"US President Biden yesterday announced that current Fed chair Powell would be renominated for a second term at the head of the bank. Markets saw a hawkish reaction as &#8220;dovish Brainard-led Fed&#8221; risk was priced out, which pushed the US dollar to fresh 16-month highs. The DXY is now testing a key Fibonacci level. 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