Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Trump Nominates Kevin Warsh as Next Fed Chair; Markets Brace for Policy Pivot
Abstract：President Donald Trump has nominated former Fed Governor Kevin Warsh to succeed Jerome Powell, signaling a potential hawkish pivot in US monetary policy. The news has triggered immediate volatility in risk assets, helping drive a massive crypto liquidation event as Bitcoin tumbles.
President Donald Trump has selected former Federal Reserve Governor Kevin Warsh to lead the US central bank, signaling a potential shift in global monetary policy and USD trajectory.
A Return to “Sound Money”?
Kevin Warsh is recognized for his skepticism regarding QE. For the US Dollar (USD), his nomination could act as a catalyst for strength against lower-yielding peers like the JPY and EUR.
Risk Assets Take a Hit
The prospect of stricter liquidity sent shockwaves through BTC, which crashed to a low of $81,300, triggering massive liquidations for 273,244 traders.
Data Snapshot
- Nominee: Kevin Warsh (Former Fed Governor)
- Bitcoin (BTC) Reaction: Low of $81,300
- Liquidation Volume: 273,244 traders
- Primary Currency Risk: USD / JPY / EUR
Implications for Forex Traders
- A “Fed” under Warsh may allow long-end Treasury yields to drift higher.
- Policy divergence with the ECB would widen, favoring USD bulls.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
Precious Metals Capitulation: Gold Plunges 12% to Break $5,000 Support
WikiFXEZINVEST Review: The Financial Abattoir Behind the CySEC Mask
WikiFXSARB Pauses Rate Cycle at 6.75% Amid Lingering Uncertainty
WikiFXEurozone Resilience: Economy Defies Gloom as Germany Rebounds
WikiFXLured by a deepfake video, retiree lost over $4,000 in an investment scheme
WikiFXGeopolitical Risk: Iran Accuses West of Inciting Domestic Unrest
WikiFXCentral Bank 'Super Week': ECB, BoE, and RBA to Test FX Volatility
WikiFXWarsh Nomination Signals High-Stakes 'Regime Change' at Federal Reserve
WikiFXMiddle East Tensions: Aircraft Carriers vs. Diplomacy
WikiFXWar Clouds Over Persian Gulf: US Carrier Deployment Spikes Oil Volatility Risks
WikiFXCurrency Calculator
USD
CNY
Current Rate:0
Amount
USD
Available
CNY
Calculate