Uploaded August 2026 | Updated September 2026, 2 weeks ago
Jackson Hole is where a Federal Reserve chair changes the framework instead of restating it, and Kevin Warsh wants forward guidance gone.
James Stanley, Senior Strategist at StoneX Media, explains what Warsh could do to Federal Reserve communication and why the yen carry trade matters more.
Markets are pricing roughly a 73 percent chance of at least one rate hike by year end, an unusual read for a central bank that has leaned dovish whenever it could. The dollar basket has held up largely because the Japanese yen has fallen more than 50 percent in five years, leaving the DXY exposed to any unwind in a crowded carry trade.
Discover Actionable Insights with the latest Market Outlook Reports: intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_james_stanley&utm_content=share
0:00 Jackson Hole Is Never Routine
1:07 Forward Guidance Was the Fix
3:29 Powell Pivots at Jackson Hole
6:17 Warsh Plays the Hawk Role
8:44 Dollar Yen Carry Trade Risk
11:01 The Yen Holds the Dollar Up
12:09 Japan's Shrinking Population
17:16 Where Dollar Weakness Shows
Like and subscribe for more financial market insights.
#StoneX #JamesStanley #Forex #FederalReserve
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.
Jackson Hole is where a Federal Reserve chair changes the framework instead of restating it, and Kevin Warsh wants forward guidance gone.
James Stanley, Senior Strategist at StoneX Media, explains what Warsh could do to Federal Reserve communication and why the yen carry trade matters more.
Markets are pricing roughly a 73 percent chance of at least one rate hike by year end, an unusual read for a central bank that has leaned dovish whenever it could. The dollar basket has held up largely because the Japanese yen has fallen more than 50 percent in five years, leaving the DXY exposed to any unwind in a crowded carry trade.
Discover Actionable Insights with the latest Market Outlook Reports: intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_james_stanley&utm_content=share
0:00 Jackson Hole Is Never Routine
1:07 Forward Guidance Was the Fix
3:29 Powell Pivots at Jackson Hole
6:17 Warsh Plays the Hawk Role
8:44 Dollar Yen Carry Trade Risk
11:01 The Yen Holds the Dollar Up
12:09 Japan's Shrinking Population
17:16 Where Dollar Weakness Shows
Like and subscribe for more financial market insights.
#StoneX #JamesStanley #Forex #FederalReserve
*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.
