15 June 2016 at 18:11 GMT
"The dots are down" - The Fed still sees two rate hikes in 2016, but the expected level of rates at the end of 2017 has been lowered from the past projections. No word on when the next hike will come. As I said in my earlier preview, July is possible, but it all depends on Brexit and the next payroll data. Yellen's press conference could offer more clues. Especially critical will be any hints on whether "July is live" - and assuming no Brexit, what kind of data would validate the hike.
EURUSD up, but not dramatically. Perhaps the 2017 dot plot adjustment was a bit more dovish than expected, but otherwise pretty much in line with the consensus expectations.