Joe Biden unveiled a huge stimulus plan on Thursday and the next step will be to watch how lawmakers react to it. USD pushes back up as yields are immobile, while the reflation trade gets hit as Biden's $1.9 trillion plan is likely to be watered down by lawmakers. Below are some of the trades to fade yesterday's EURUSD bounce and re-enter XAUUSD shorts
for our WhatsApp BroadCast Group members.
Ashraf warned members to continue fading any USD pullback ahead and from Yellen's testimony next week .