There are countless infighting among American moose. Who will be really unlucky in the end?

October. 19,2021
There are countless infighting among American moose. Who will be really unlucky in the end?

Due to the opposition expressed by his party’s West Virginia Democratic Senator Manchin, the most central part of Biden’s climate agenda, the US$150 billion Clean Power Performance Plan (CEPP), may be dismissed by the Democratic Party from its 3.5 Removed from the trillion-dollar spending bill. Essentially, Manchin’s opposition is also due to conflicts of interest between the US internal consortium, because Biden’s plan will have a great impact on the traditional fossil energy industry, and it is really unfriendly. Therefore, these energy giants quit, and Biden won't let them live well, and this bill will not pass, so the internal fighting has escalated.

Originally, the Biden administration proposed the infrastructure bill to stimulate the U.S. economy to develop again, so that the U.S. can continue to maintain its forward momentum without falling behind in the development of the world. Although it is basically impossible to find a way to harvest the world from the outside, there is still a way to go-to find a way from the inside to stimulate economic development; therefore, the infrastructure bill turned out to become a piece of the Biden administration. Magic weapon, a big killer. But it is a pity that this big killer has not yet taken shape, and it is almost dead, because the Republican Party is constantly hindering the progress of this matter, and the purpose is to prevent the Democratic Party from gaining more voter approval and occupying a dominant advantage; because of the United States The game between the Republican Party and the Democratic Party in Congress is becoming more and more fierce. Now, with Manchin’s appearance, the Democratic Party has begun to split. It is foreseeable that when this infrastructure bill is actually passed, this big killer may no longer be possible. It has the original power, but has been changed beyond recognition, just like a cat with the appearance of a tiger. Where can it go? Therefore, no one knows how much practical effect the infrastructure bill can play in the end.

The Biden government’s expenditure plan has been blocked by successive external and internal contradictions, and the implementation of the policy is very unsatisfactory. This situation has led to a serious decline in Biden’s approval rate. If this dispute over clean energy cannot be effectively resolved As a result, the expenditure plan has shrunk again; then it is foreseeable that various deficiencies in the implementation of some policies will inevitably occur, and the promises made to voters before the election cannot be realized.

This situation is bound to be very detrimental to the Biden administration. If it has an adverse effect on next year's midterm elections, then Biden will inevitably become the scapegoat to be liquidated. Therefore, the current pressure on Biden is really huge. Breaking through the siege is the most urgent matter of the current Biden administration.

Under such a background, the US dollar index is naturally unable to stand alone, so pressure will follow. Considering that the US Treasury ceiling crisis is temporarily lifted, then the US dollar index can actually step into a callback market, and the key is how to make a callback and a callback. How much will it be? In this regard, we pay special attention, and combine the actual trend of the disk to make relevant layouts for reference!

Trading straregy:

EUR/USD:

For today's trend in Europe and the United States, the overall situation is to look at the volatility first, and then to buy at the opportune moment. After all, it is very difficult for the US dollar index to rise sharply, but it is more likely to fall under pressure. Therefore, the following suggestions are given in combination with the board, and refer to the operation as appropriate. Wet warehouse:

Buy in the 1.1555-1.1565 range, stop loss 20 points, and target 1.1585, 1.1605, 1.1625.

GBP/USD:

Today's second operation currency pair, choose the pound and the United States, which are also European currencies. The operating ideas are the same as those in Europe and the United States above, just choose the opportunity to buy on the dips, and give the following suggestions in combination with the disk, and refer to the operation as appropriate. Weak warehouse:

Buy in the range of 1.3695-1.3705, stop loss 20 points, target 1.3725, 1.3745, 1.3765.

gold:

The sharp drop in gold last Friday has indeed stunned many people; what is the purpose of such a sudden drop in the market? For this point, the most true answer has not yet been found, so we have to continue to observe.

For the operation, today's gold can look for opportunities to be lower than the one, and give the following suggestions, as appropriate, refer to the operation, wet storage:

Buy in the range of 1760-1761, stop loss 3 US dollars, target 1764, 1768, 1773.