📣 Key developments before the U.S. Federal Reserve announcement tonight:
🔸 Between 10:00 and 10:30 PM Saudi time, the entire market from traditional currencies to gold and cryptocurrencies will enter a phase of significant pressure. Everyone is waiting for the interest rate decision, and the tension is evident from the volume of movement before the announcement.
🔸 Strong expectations for a quarter-point rate cut to 3.75%, with about 90% likelihood.
But as usual, it’s not the decision itself that shakes the market… a word or phrase from the Federal Reserve could change the direction of the dollar and the entire market.
🔸 All eyes are on Jerome Powell during the press conference, because:
• If he hints that new cuts are coming soon, you could see immediate strong movements, especially in cryptocurrencies that typically react more to this type of news.
• If his tone is very hawkish or cautious, the dollar might strengthen and put pressure on cryptocurrencies and markets in general.
🔸 Even if they do actually cut rates, if Powell's comments are cautious, you might see a strong dollar, and the crypto market could experience high volatility.
📊 Summary:
All markets tonight from Forex to gold to crypto are not waiting for the number…
They are waiting for the Federal Reserve's message that will determine investors' direction in the coming days.
