DislikedMade a little research abt the expectations on FOMC. Generally, market expects 3 rate cuts, a total of 75bps. So a dovish, 3 rate cut dot plot wouldn't affect the markets too much imho. It's already priced in. I don't expect any more dovishness than that. On the hawkish side, i think it's possible to see a 2 rate cut or less. The hawkish path seems open. Not so much opportunity on the dovish side since it's already priced in. I think this picture favors dollar bulls. There will be spikes to both ways, but in the end i don't see a bearish trend starting for the US Dollar. It's always better to react than predict though. Trade safe guys!Ignored
No surprise so far, expected dovishness on the dot plot. Already priced in. Let's see how the press conference plays out
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