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Learn Trading Skills & Spot potential investment Ideas. 24x7 PIPS STUDIO formerly known as Cryptonian Team Support since 2016. None of our calls are financial advise! DYOR For VVIP, ICO Promotion - @itsroman080
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5 628
#FED
Always when the Fed started cutting rates by 50 bps or more immediately a recession would start...
When the Fed started to cut rates by 25 bps the growth continued...
We are more and more inclined to believe that a 50 bps cut may be seen as desperate action, so we expect to see a 25 bps cut today…
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2001 - Dot-com bubble
2008 - Lehmann Brothers
2020 - COVID
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5 628
🥇🇺🇸 XAU/USD
Gold price consolidates near all-time peak, looks to Fed before the next leg up
📝 Gold price (XAU/USD) is seen oscillating in a narrow trading band during the Asian session on Tuesday and consolidating its recent gains to a fresh all-time peak . The prospects for a more aggressive policy easing by the Federal Reserve (Fed) keep the US Dollar (USD) depressed near the 2024 low and act as a tailwind for the non-yielding yellow metal .
