Usually prices wait for the Big news and then move, or to say it differently: one would expect the dollar to keep it's key support level on a day of a rate hike!
This is not the case though as the market/traders/investors/smart money is starting to price in a small rate hike (0.25% is expected) and a softer approach by Powell.
Anyways, I am a bit surprised to see there could be a massive drop in the price of the USD..
against other currencies but mostly against Gold, Silver and BITCOIN.
Unless we are being played by Powell and he dares come out with a bigger hike and a plan for more pain...that banks apparently cannot afford to take.
One Love,
The FXPROFESSOR
Time to scream a little louder? :
This is not the case though as the market/traders/investors/smart money is starting to price in a small rate hike (0.25% is expected) and a softer approach by Powell.
Anyways, I am a bit surprised to see there could be a massive drop in the price of the USD..
against other currencies but mostly against Gold, Silver and BITCOIN.
Unless we are being played by Powell and he dares come out with a bigger hike and a plan for more pain...that banks apparently cannot afford to take.
One Love,
The FXPROFESSOR
Time to scream a little louder? :
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🌍 All in one place → fxprofessor.com
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.