cns
Short

The Fed tomorrow and the two sides of the coin

FX:EURUSD   Euro Fx/U.S. Dollar
It's kind of double edged in that if they ( FOMC ) raise it should strengthen the dollar directly in attracting short term flows, and in that they see a strong economy. If they don't it would allow the economy more time to grow and strengthen. Europe is still picking up the pieces and hasn't even got to the big problems in some countries like France you might say. It all sounds like a EUR sell USD buy but might have some volatility in between.

The chart points way way south anyway. Under 1.00
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