Agreed, I don't expect them to shatter a fragile situation with the us equity markets, so they'll try to be a dovish as they can short of reversing their rate hike. The key question people are looking for is probably how many hikes will there be ...
It's getting close to previous sell off zones. I would expect a bearish test during the Europe open, and depending on how that goes, either continue with the trend or sell off.
You're talking about the Asia - Europe switch over. 9am (gmt+2) is the Frankfurt open and 10am is the London open. So you have Asian traders that are wrapping up their positions and the first orders coming from Europe. This depends entirely on the ...