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The big week is almost here | |
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A big week is coming. Here is a simple look at it. This week was calm. Prices in the UK cooled a little. Europe's central bank meets Thursday. It will most likely keep rates the same. The big one is next week. The US Fed meets on July 28 and 29. They share their rate choice on Wednesday, July 29, at 2:00 PM ET. Most people think the Fed will hold rates the same. But prices are still a bit high. So a surprise is not off the table. That doubt can move the market fast. Watch the US Dollar, Gold, and the big US stock indexes. They can swing hard when the Fed speaks. Our tip: stay calm this week. Do not force trades. Wait for the news next Wednesday, then trade the clear move. Use a stop loss. Protect your account. Want to trade the Fed move? You can open a MagnoFX account in minutes and be ready before the news. See you in the markets, | |
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This is not trading advice. Trade with a plan and manage your risk. | |
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