Dear clients,
On June 14, a meeting of the US Federal Reserve System, the body that performs the functions of the Central Bank of America, will take place. The decision on the interest rate will determine the further movement of the market, which draw attention of traders.
How the interest rate situation will develop now, our expert explain:
The Fed may keep the rate at the current level of 5.25% amid falling inflation in the US economy, but will lower GDP forecasts for the next two years and also signal to traders that they should not expect interest rates to fall in the second half of the year, as inflation risks have not gone anywhere. On Wednesday consider buying USDTRY, USDZAR and selling #NQ100, #SP500, #Coinbase.
And also don’t wait on the hot offer — trade crypto without swaps until June 20!
