Market Flash Analysis: Ahead of FOMC, Dollar Caught Between Two Major Forces
1. Interest Rate Cuts Already "Priced In"
The probability of an interest rate cut by The Fed on December 10 (to target 350-375 bps) is now 88.4%.
The market is almost certain that The Fed will cut interest rates by 25 bps, signaling a loosening of monetary policy.
2. Concerns About "Debasement" Reach a Peak
Google searches for the term "Debasement" (devaluation) of the US Dollar have surged to a record high.
This reflects public concerns that loose monetary policy (such as interest rate cuts) and government debt could erode the purchasing power of the Dollar in the long term.
Core: This week's FOMC decision will support hard assets like Gold and Bitcoin, as investors avoid the US Dollar, whose value is pressured by expectations of lower interest rates and escalating debasement concerns.#StrategicTrading #BTC #BinanceAlphaAlert #CryptoRally #Write2Earn $BTC
