The Fed is likely to preserve its cautious stance and emphasize the possibility of additional mitigation if necessary. However, the market itself has already taken into account that fact. It should be noted that if the market appears to be more optimistic or pessimistic than expected, it may be sensitive to the overheating market, especially the US stock market.
Although dollar short are strengthening due to the additional easing, it is assumed that even if the possibility of additional easing is emphasized, it may have come back once it has been incorporated.
If there is a return b will take a profit before FOMC,.
Currently, the power balance in 15 minutes is
AUD = CHF ＞ JPY ＞ GBP ＞ NZD ＞ EUR ＞ CAD ＝ USD