The market⚠️👀📉

Today, global markets are awaiting the decision of the US Federal Reserve’s meeting, today, Wednesday, May 1, 2024, regarding deciding the fate of the interest rate after the Federal Reserve kept interest rates for the fifth time in a row in last March’s meeting at their highest levels in 23 years to between 5.25% and 5. 5%, at a time when it seeks to return inflation to its target of 2%, which is reflected in the performance of gold, the dollar, and US bonds.

The third Fed meeting in 2024 is considered the most important meeting so far, especially since it will determine the course of reducing interest rates, whether it will be taken in the first half or postponed to the second half of this year, as the Wall Street Journal confirmed that the Federal Reserve issued statements indicating... It has the potential to keep interest rates higher for longer

Finally, when you see yourself in this field in general and do not care about news and economic events, you just focus on the chart and wait, then I advise you not to enter the markets with all your money.

Global economic news should be included in your calculations when you enter the market, whether Forex, stocks, or crypto as well.