Free TheoVideo Report – for Wednesday, June 19, 2019 by Corey Rosenbloom
The Fed did as expected and kept overnight interest rates the same, but opened the door wide to rate cuts later in 2019, possibly as soon as July.
In a follow-up to last night’s video, Corey walks you through the immediate reactions and expected plays now that we know what the Fed announced. There was a surprise – how strong Gold /GC traded after the announcement.
Find out what to watch for the rest of the week in tonight’s video.