Chartist + Memes addict + Dad + Ⓜ️oxie & hardcore farcaster fan


There you have it @yjx278.eth 
USD gaining its power back as the inflation remain subdued. Which mean the rate cut policy by the FED is doing its magic.

imo the USD will remain strong until FOMC next week.

Check on DXY movement, it might get tricky in the next few days / week.
DXY move inverse with SPX right?

50 bps is highly unlikely to happen, 25 bps is more reasonable for the time being. 
Its still a week to go, but I think it wont changed much.
only 17% consensus prefer the 0.5% rate cut, while the 83% stay on 0.25 %

You can check it here Yeo, https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html 

Save and bookmarked this. Its a very helpful tool to determine the FED next move.

I am strongly expecting 25bps, but the market’s expectation on 50bps is just too much tho.

New to the world and forever in the afterlife.

no bro its actually starting to decline. We might reach the FED ideals area at 2% in the next 6 months.