Seek mental help

To be fair the FED lost all credibility for becoming too politicized. The FED should be neutral and unfazed by politics.

They are waiting on the US PCE data - to prevent any surprises.

They did, at least twice already.

What are the chances that Japan intervenes by tomorrow morning, NY 11:30AM? Really high.

Didn’t even earn it

30+ trillion, can barely make interest payments

Ok but inflation doubled so you're literally worse off.

I'd be surprised if the dollar doesn't get stronger after this.

Do your own research

really

I literally called it 14 hours ago

1.05xx if below consensus.

Still too high means rate hikes are still on the table.

Still too high

So they're sabotaging the winning party

This could potentially subdue some EUR strength.

The likelier move will be a drop in the dollar across the board at market open. I still expect a bumpy ride considering that this isn't a guaranteed deal just the start.

Default would be bad for the dollar unless the world panics and hoards dollars. It could go either way but most likely hurt the dollar.