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WooDee ๐ฉ๐๐งพโ๏ธ
@woodee.eth
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.
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tradehigher.base.eth
@yeoraemyson
I am strongly expecting 25bps, but the marketโs expectation on 50bps is just too much tho.
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WooDee ๐ฉ๐๐งพโ๏ธ
@woodee.eth
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.
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tradehigher.base.eth
@yeoraemyson
Right right! Thank you for the link. The easing cycle has been clearly started! This dam crypto market should wake the F up!!
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