Is anyone else feeling nervous about the FOMC meeting on June 11th/12th? The Fed's decision on interest rates could really shake things up, and I'm not sure which way the dollar is going to jump. I'm thinking of holding off on any major trades until the dust settles. Anyone have any insights or predictions?
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Yeah, I’m definitely on edge about it too. The market’s been pretty jittery lately. The Fed’s been hinting at both possibilities, so it’s a toss-up. I’m with you on holding off on major trades. Better to wait and see how things unfold.
I’ve moved a lot of my trades to safe havens for now. Gold and the Swiss Franc are my go-tos during uncertain times. I’m also keeping a close eye on the dollar index. If there’s any indication of a direction, it usually shows up there first.