$ DXY and FED meeting next week - a push higher ?
DXY $ maybe one to watch over the next couple of Weeks as it seems to be approching Strong support.
Fundimentals, as ever, Will pay a huge part in this and so we wait.
Today we have personnale spending and income Data BUT the real Biggie is on 1st May next week when we have the FED Interest rate decision made public.
If that remains the same ....or rises......then the $ will push higher.
That in turn will take moeny out of other markets......But maybe not #Bitcoin too much.
We shall have to wait and see But watch this later today. DXY usualy tries to push higher on a Friday to close for the weekend on a high.
Fundimentals, as ever, Will pay a huge part in this and so we wait.
Today we have personnale spending and income Data BUT the real Biggie is on 1st May next week when we have the FED Interest rate decision made public.
If that remains the same ....or rises......then the $ will push higher.
That in turn will take moeny out of other markets......But maybe not #Bitcoin too much.
We shall have to wait and see But watch this later today. DXY usualy tries to push higher on a Friday to close for the weekend on a high.
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