WATCH OUT with this PUMP!WATCH OUT GUYS 👉 ALL THIS COULD REVERSE during the Press-Conference, which is why I decided to take a little bit of profit here and rather wait❗️
"The Federal Reserve kept interest rates and its monthly pace of bond buying unchanged Wednesday, even as it acknowledged an improved economic backdrop as vaccine roll outs gather pace."
It seems like the market has priced in a potential rate-hike (pretty unlikely to be honest, but the reaction shows it), which is why equities and majors vs USD are pumping.
As you can see, the FED still decided to keep its Bond Purchasing Programm unchanged 👉 They probably don`t do anything to cap yields, which WILL likely cause more inflation-worries and so a potential reversal of the current moves due to rising yields.
Let`s wait for Jerome Powell and see what he has to tell us!🙏
If he meontions yield-capping- we might see a continuation!
