Post FOMC, the DXY seems to be getting stronger again.
People seem less interested in inflation suddenly and more worried about growth collapse/recession.
We had a nice little rally - the USD may not strengthen quite so much, but I do suspect the dollar will rise and markets will fall.
Now we're seeing eg gold and silver printing a bit of an uptrend.
Crypto is a total shit show and unreadable mess - not sure what'll happen there.
As a Canadian, I'm just holding a lot of USD at the moment as it's a better store of value than the Canadian dollar but I would consider commodities for a few months too. I'm mostly USD or usd backed assets and just intra-day trading.
Rule for exchanges: no more than 5k or 5 hours on the exchange.
I'm personally not worried about binance despite the media fud.
People seem less interested in inflation suddenly and more worried about growth collapse/recession.
We had a nice little rally - the USD may not strengthen quite so much, but I do suspect the dollar will rise and markets will fall.
Now we're seeing eg gold and silver printing a bit of an uptrend.
Crypto is a total shit show and unreadable mess - not sure what'll happen there.
As a Canadian, I'm just holding a lot of USD at the moment as it's a better store of value than the Canadian dollar but I would consider commodities for a few months too. I'm mostly USD or usd backed assets and just intra-day trading.
Rule for exchanges: no more than 5k or 5 hours on the exchange.
I'm personally not worried about binance despite the media fud.