This will keep market players on their toes in the days ahead, especially the Fed decision. USD/JPY is on the brink of a break under 140.00 and 2-year Treasury yields might be threatening a fall to its lowest in two years. Meanwhile, gold is surging to fresh record highs as broader markets are still taking into consideration a 50 bps move by the Fed this week.As things stand, traders are pricing in higher odds of a 50 bps move on Wednesday as compared to a 25 bps one. The odds of the former are now at ~59% with a 25 bps move only at ~41%. Meanwhile, traders are also pricing in some ~118 bps of rate cuts for what's left of this year.In other words, that is saying the Fed will surely deliver a
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