The closer you get to the rate cut date, the more dangerous it is. Don't forget that the closer you get to the Lingshan monster, the stronger it is! The real purpose may be to lure both long and short positions!
Now all kinds of assets have risen, and US stocks, cryptocurrencies, and gold have rebounded. At this time, there are less than six days left before the Fed's historic policy shift.
The Fed is considering whether to cut 25 basis points or 50 basis points. Former Fed official Dudley said on Friday that there is a good reason to cut 50 basis points. Futures linked to the Fed's policy rate show that on Friday, traders expected the probability of the Fed cutting 50 basis points to rise to 47%, compared to 28% on Thursday. But don't think it's really stable.
The market rose this time mainly because investors expected the Fed to announce a 50 basis point cut after the meeting next Wednesday.
If you want to dig deeper into the cryptocurrency circle, but can't find a clue, and want to quickly understand the information gap, whether it is a peace agreement or flowers, you can 👉 Learn more in my profile
