Tensions are getting tighter around North America as we await the Federal Reserve’s monetary policy decision tomorrow and markets are beginning to tighten up because of it. While the general consensus is that the Fed will drop the “patient” verbiage from their statement, what they replace it with is the big debate. If they insinuate that rate increases could come as soon as June, the USD is likely to rise and stocks fall; however, if they use another term that essentially says the same thing as patient, then stocks are likely to rise and the USD fall. At this point, it’s anyone’s guess, so it may be more prudent to ... (full story)