Today is the interest rate decision on the US dollar
⭕ The markets priced in a 25 basis point cut to the interest rate for the US dollar
⏰ The news timing is 21:00 Lebanon time | 22:00 Saudi Arabia time
🔈🔴 Jerome Powell's speech, which is the most important and the last for this year regarding the interest rate, will take place half an hour after the decision
📄 What does this mean and what do we expect and what are we looking at:
◀️ A rate cut will give a drop to the US dollar
◀️ Gold is anticipating this cut, which acts as a catalyst for the rise of gold and metals
◀️ US stocks, cryptocurrencies, and commodities are in a strong wave of volatility due to uncertainty in US monetary policy
◀️ Jerome Powell has 3 meetings left before the end of his term, and we want to hear from him what his plans are for the remainder of his term. Will he continue with the reduction policy or move towards stabilization? This issue is very important
📄 A decision has been made that there is an alternative to Jerome Powell who will be appointed in May when Jerome Powell's term ends
◀️ Revealing this name publicly later will be important, especially based on the background of the person who will be appointed and what economic thought they represent#BTC走势分析
