Reason Why The Market Will Be Volatile.

Today marking the first day of November, the market is going to be volatile because of FED Interest Rate Decision. This will move the market up or down .

While the FED Interest Rate Decision is made eight times a year during the vote among the members of the Federal Open Market Committee (FOMC).

The US Federal Reserve determines short term interest rates, which will charge on credit and loans to commercial banks.

It is one of the most important events according to the impact on financial markets and US dollar quotes. Interest rates are changed in response to a change in the global economic situation in the country. It can move quotes immediately, strongly and permanently.

At this moment, its advice that traders should close all their trades and does who yet to take trades should hold on because you wont know where the market is heading to.

BLU!

Happy new month and good luck.

$BTC $ETH $BNB