Dollar drowns in the sea of liquidity

Fed again surprises markets 

It's one step from love to hatred. From hatred to love, the distance is about the same. The launched its unprecedentedly great quantitative easing, and Donald Trump abruptly changed hi attitude to Jerome Powell. After criticizing the Fed’s chair for being an enemy to the state and acting too slow, Trump now praises Powell for “really good job”. It is not surprising, as the unlimited purchases of Treasuries and mortgage-backed securities turn the Federal Reserve from the central bank into a commercial bank, in fact, giving loans to corporations, aimed at supporting the stock market. Trump…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>