Dear clients,
On July 5, the report of the meeting of the US Federal Reserve System, the body that performs the functions of the Central Bank of America, will be released. The decision on the interest rate will determine the further movement of the market, which is of interest to traders.
What are the results of the last meeting, let’s find out from our expert:
The US Federal Reserve may signal the need for further interest rate hikes due to high inflation, which is favourable for the dollar and negative for stock indices. On Wednesday consider buying USDTRY, USDPLN, USDINR and selling #NQ100, #SP500.
Now’s a good time to make money of the companies — trade indices without swaps until 19 July.
