Overall Powell sounded more hawkish last night thus market took a little dive but things could start getting better today as the market is estimating a 5-5,5% final rate.
Let's not forget that inflation eased which is a good sign.
In the meantime, SP500 is in a strong structure and at support 3980 at the moment , most likely to rebound towards 4072 today.
In the meantime, both the US Senate and more importantly the G20 are striving to build a policy consensus on crypto assets to inform better global regulation:
'The discussions come after the collapse of the cryptocurrency exchange FTX, which has led to calls for better oversight of crypto markets.'
One Love,
The FXPROFESSOR
Let's not forget that inflation eased which is a good sign.
In the meantime, SP500 is in a strong structure and at support 3980 at the moment , most likely to rebound towards 4072 today.
In the meantime, both the US Senate and more importantly the G20 are striving to build a policy consensus on crypto assets to inform better global regulation:
'The discussions come after the collapse of the cryptocurrency exchange FTX, which has led to calls for better oversight of crypto markets.'
One Love,
The FXPROFESSOR
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