Most thought reduction later in the year
Other highlights:
The dollar has moved a little higher as the initial reaction. The EURUSD did extend the range for the week by a single pip so far to a new week low of 1.06377. The 100 day MA at 1.0624 still looms below. The EURUSD, however, did first move higher before moving lower. The high price extended up to 1.0662 before moving back lower to the low.