Fed & USD
How much will the Fed cut on Wednesday? By 25 or 50 bps? And how will USD do against the EURO? Many are certain the Fed will cut rates by 25 bps. Some say it will be 50 bps. Will it be another case of dovish statement, dot plot, until everything changes due to a sentence in Powell's press conference? What do you expect the USD will do against the euro by end of Wednesday?