The Federal Reserve interest rate meeting will be held tonight, which is a critical juncture to judge whether the price will soar or plummet in advance‼ We must await until the Federal Reserve Chairman finishes his speech at 3 o'clock tonight so that we can make market predictions‼ We can summarize the rules of his speech.
First, if he mentions that he will not consider lowering interest rates this year, then the price will plunge immediately.
Second, if he mentions that inflation has been under control, the era of high interest rates has come to an end, and he will consider lowering interest rates, then the price of the currency will soar.
Third, he always make a vague speech, that is, he neither saying to maintain high interest rates nor to lower interest rates, but repeats that the inflation is under control and we will continue to work hard. As a result, the price of the currency is expected to fall first and then rise.
