Markets are having a mood swing today.
🏦 Trump is expected to name *Kevin Warsh as the next Fed chair.*
He’s a former Fed governor, once known as a rate hawk, now suddenly more open to lower rates.
Markets see him as a Fed insider, which might calm fears about Fed independence — assuming the Senate plays along.
Meanwhile, momentum trades hit a wall.
📉 Stocks, gold, and silver all slipped as AI hype cooled a bit and geopolitical tension eased.
When everyone’s on the same trade, the exit gets crowded fast.
*Keep an eye on Friday’s Fed announcement.* 👇🏾
https://fxstreet.page.link/1ountX48G2LE6jks9 
