Fed Governor Miran resigned on Tuesday from his position as Chair of Council of Economic Advisers, Barron's reports citing a White House official

Fed Governor Miran resigned on Tuesday from his position as Chair of Council of Economic Advisers, Barron's reports citing a White House official.

The resignation of Fed Governor Miran from his position as Chair of the Council of Economic Advisers could signal potential shifts in the Fed's policy direction or composition, especially as it pertains to economic guidance. This news may affect market sentiment towards USD and interest rate expectations, and traders should monitor reactions in rates and risk assets as the implications unfold.