P
Alex peter
@peterty
Last seen:
7 hours ago
It haven't been easy but by all means we move
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π¦πΊ Sydney
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π―π΅ Tokyo (Asian)
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π¬π§ London
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πΊπΈ New York
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To me ooh money is not the issue buy not that it doesn't matter but knowledge first π π₯ π₯ π₯ π π
A Federal Reserve rate cut lowers interest rates in the US.
Lower interest rates make US assets less attractive to investors because they earn lower returns.
Some investors move their money to countries with higher interest rates.
As demand for the US dollar decreases, the dollar often depreciates against other major currencies.