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Traders increase bets on the Federal Reserve to cut interest rates

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2024-08-21 21:22:04
Traders plus Fed rate cuts betsdesk3cryptocurrencydesktopCrypto News
On August 21, before the release of the US employment revision data, traders increased their bets on the Federal Reserve to cut interest rates, and now expect the Federal Reserve to cut interest rates by 100 basis points in 2024.
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The 5-minute chart of the order flow shows that the main iron ore contract fluctuated at 21:15 on the long accumulation belt, and is now reported at 738 yuan/ton, an increase of 1.51%. Click to view real-time changes.

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