04 May 2022
Dear clients,
Today, on May 4 is the day of an important economical event — the meeting of the Federal Reserve System of the USA. Traders all over the globe are waiting for the decision on the interest rates, which will define the further course of the market.
What should you expect from the market, we'll learn from our expert:
The Feds may rise the interest rate by 0.5% and will point out the necessity of further increase by 0.5 % in June and July. This will prove beneficial for the US dollar, yet negative for the market. On Wednesday, consider selling EURUSD, AUDUSD, #NQ100.
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