Dear Fellow Traders

The upcoming Fed interest rate decision could bring volatility to forex, stocks, and commodities. Keep an eye on the economic calendar and prepare for rapid price action surrounding its release.

What to expect from the Fed this month

Here's a breakdown of key headlines and insights ahead of this month's rate decision:

The Fed is almost certain to hold again this month at 4.25-4.5% with a 97% probability according to CME FedWatch.

Another hold in July has become significantly more likely in the last few weeks, around 75% probability currently.

American annual inflation rose in May to 2.4% but this was slightly less than the consensus.

With relatively little intrigue around monetary policy, traders will probably continue to focus on the American government's erratic trade policies.

Volatility was very high around last month's meeting: $12.50 was the peak of M15's ATR for gold. It's likely to be lower this time.

Stay informed about high-impact events on the Economic Calendar.

What is the Fed interest rate decision?

Interest rate hikes or cuts are set by central banks to stimulate or slow down economic growth. In the US, the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) meets eight times through the year to discuss monetary policy and adjust the federal funds rate.

The Fed's interest rate decision is closely watched by traders as it often leads to increased volatility across the financial markets.

Remember, trading around major economic events like the Fed's interest rate decision requires caution and risk management. The markets can be volatile during these periods, so make sure to set a wide enough stop loss and monitor your positions closely.

it's harmfull for Gold 🥇🪙.

XAUUSD will fly in next few days .

keep an eyes on your charts ❤️ #XAUUSD #GENIUSActPass #DAOBaseAIBinanceTGE #SparkBinanceHODLerAirdrop #BTC