The Federal Reserve meeting on interest rates today, Wednesday.
If the Federal Reserve holds or cuts interest rates today, March 18, both scenarios are expected to be negative for the U.S. dollar.
I also believe that Jerome Powell does not align politically or economically with Donald Trump, which adds further downside pressure on the dollar.
➡️ U.S. Dollar: Bearish
➡️ Gold: Bearish with increased short-term volatility
➡️ Global Markets: Likely to face pressure, especially after yesterday’s interest rate decisions by Canada and Japan
🔹 Two Additional Key Events:
Rising U.S. Treasury Yields
Any tightening in the bond market could pressure equities and increase global market volatility.
Weakening Economic Data from China
Slower growth or weaker industrial demand in China raises concerns about the global economic outlook and reduces risk appetite.
If the Federal Reserve holds or cuts interest rates today, March 18, both scenarios are expected to be negative for the U.S. dollar.
I also believe that Jerome Powell does not align politically or economically with Donald Trump, which adds further downside pressure on the dollar.
➡️ U.S. Dollar: Bearish
➡️ Gold: Bearish with increased short-term volatility
➡️ Global Markets: Likely to face pressure, especially after yesterday’s interest rate decisions by Canada and Japan
🔹 Two Additional Key Events:
Rising U.S. Treasury Yields
Any tightening in the bond market could pressure equities and increase global market volatility.
Weakening Economic Data from China
Slower growth or weaker industrial demand in China raises concerns about the global economic outlook and reduces risk appetite.