the 10 yr t-note is DOWN 18 bps….even the utility stocks are down—all currencies are down save the spot/cash $ which is up a mere 74 bps…
http://futures.tradingcharts.com/marketquotes/DX.html
there is an eerie calm on CNBC & Fox Biz news…the entire world awaits the FED announcement at 2pm wednesday…how absurd that “it” has come to that…The FED will be hard pressed to get to hawkish-especially after today
I expect a strong reversal in gold after the FED announcement–and I will be watching gold futures from about the 1:50 pm time to see if there is any front running like there was 2 months ago..