Some people ask why the market did not react to the decision to reduce interest rates, but on the contrary, it fell sharply, even though the market was waiting for such a decision..
Really a good question..
The answer, in my personal opinion, is that the market had already reached an advanced stage of inflation in prices, and some currencies increased their market value
weakness, in addition to the feeling of many investors that prices have reached
the limits of correction and are not worth the risk and buying..
If a decision like this had appeared at a time of falling prices and at the height of pessimism
of investors, the opposite would have happened and the market would have reacted to the decision with an unprecedented rocket rise!
