#fedoctoberholdodds82.3%
Good news on the TradFi front: the probability that the Fed will hold rates steady in October has climbed to 82.3%, meaning there’s only a 17.7% chance of a hike! We can breathe a little easier for now, but let’s not celebrate too soon. In December, the outlook takes a sharp turn: the probability of a 25-basis-point hike reaches 68.7%, and 14% are even anticipating a 50-point hike.
The end of the year still looks pretty tense. Stocks and cryptocurrencies (such as BTC, ETH, and SOL) could see a slight rebound this month as pressures ease, but December’s monetary tightening could make liquidity scarce.
What should traders do? In October, take advantage of the opportunity to trade short-term and earn your keep; in December, gear up to weather the storm. This is not financial advice!
#CryptoTrading #BinanceSquare #CryptoNews
$BTC
$GTC
$RLC
Good news on the TradFi front: the probability that the Fed will hold rates steady in October has climbed to 82.3%, meaning there’s only a 17.7% chance of a hike! We can breathe a little easier for now, but let’s not celebrate too soon. In December, the outlook takes a sharp turn: the probability of a 25-basis-point hike reaches 68.7%, and 14% are even anticipating a 50-point hike.
The end of the year still looks pretty tense. Stocks and cryptocurrencies (such as BTC, ETH, and SOL) could see a slight rebound this month as pressures ease, but December’s monetary tightening could make liquidity scarce.
What should traders do? In October, take advantage of the opportunity to trade short-term and earn your keep; in December, gear up to weather the storm. This is not financial advice!
#CryptoTrading #BinanceSquare #CryptoNews
$BTC
$GTC
$RLC
