FOMC Tech prep
Loking at all key markets and levels
In advance of this evenings FOMC rate decision and the volatile subsequent Q&A with Jerome after, I thought I would go through these key markets as I wont be at my desk this evening to trade it live. This is a very comprehensive look through video.
It will be a cut of 25 bps and the markets have 110% yes one hundred and ten percent priced this in. If there is no cut, we will pullback harder than we did over the Yen carry trade unwind. Do factor this in, though it is currently only at a 3% probability of no cut.
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