Unless you physically settle your trades in #Gold or own the physical asset, you are not hedging against anything, but simply trading dollars/cash with higher taxes. People trading #GC or #XAUUSD are affected by inflation just like any other individual who has never traded a lot.
@riosmauricio Y dime tu “generador de riqueza a largo plazo” cual es la solución en tu opinión? El apalancamiento económico (deuda para ti) para gestionar crecimiento organico es capitalismo en su mas básica esencia.
Fed drops 25 bps (99% priced in), yet crypto is still down 2.4% like clockwork.
It seems “sell the news” is becoming a common pattern in cryptocurrency.
#Bitcoin#Crypto#SellTheNews
FOMC at 2 PM ET expecting a 25 bps cut, but Powell’s presser will be all about “data dependence.” Jobs cooling, inflation still above target. No autopilot, just cautious steps.
#MonetaryPolicy#FOMCInsights#EconOutlook
There’s going to be a lot of volatility this Wednesday.
Fed Interest Rate & QT Decision and Powell’s Press Conference
Earnings Reports by Microsoft, Alphabet and Meta
My 2 cents
The dollar’s recent upside likely reflects a short squeeze rather than renewed safe haven demand. If current market pricing of Fed easing proves excessive, near term support could persist, but the midterm bias still points to gradual weakening.
#FX#Economics#Dollar