We came close to going to the negative side of the daily just a while ago, but it's about to retest the top or settle in the upper half of the day's range, unless the minutes come out and they say "guess what?"....but IF that happened billions of market cap in the U.S would just vanish tomorrow and global markets would just shake and bake...just isn't gonna happen without some subtle warning to other governments and economies. An increase of .05% would be historically conservative but unlikely and ineffective, a 0.10% increase would appease a lot of people but again not worth the risk. No easing, but no rise either, which in effect is continued easing in a way. There are some huge fund managers saying they must increase for the sake of the long term economy, but a raise now would affect the 7 year business cycle and who's to say that other increases then would not be required for the sake of economical growth? Anyway predicting what the FRB would do is also a MF too. All this talk can be found everywhere online too and there are varying opinions, Adam Button from another well known FX site, nailed it last month, that was a good prediction, and made some pips off it too. It's pretty much written in the cards? But in that rare case there is a surprise the post by Kszt this morning will be prophetic.