 Market reactions were indecisive after Fed's much-anticipated rate cut overnight. The initial optimism that sparked a rally in US stocks quickly fizzled out, with major indexes closing in the red, while Treasury yields staged a recovery. The reaction was somewhat anticlimactic but understandable given the unusually high level of uncertainty surrounding this FOMC meeting. In hindsight, the market was prepared for unpredictability, making any actual surprise less impactful. Dollar rebounded following an initial selloff, but failed to carry momentum into Asian session. The greenback remains capped below resistance levels across major currency pairs, with the exception of Yen. As such, risk remains to the downside for Dollar in the near term... | 
