DXY bounce - FED cash rate decision - 100 basis points

Jul 25, 2022

Will the FED be hawkish, dovish or neutral. With their flip-flopping of monetary policy, no one can really know what will happen, but in my humble opinion (NFA) they will raise interest rates by 75- 100 basis points. The long term macro outlook remains the same, inflation will continue to climb and no geopolitical issues have been solved. Looks like a bull trap to me, short gold, short btc, short equities, short housing. DXY to 111. Enjoy the ride and buy the dip or dont(NFA).