An interesting few weeks coming up with the Fed meeting next week and the US Presidential election the week after. The November meeting has by and large been written off for a rate hike given its proximity to the election, despite the protestations of Fed members, but no doubt there will be speculation in the run up. As for the election a Clinton win - and she is 5 to 1 on - is widely perceived as USD bullish. The problem I have with USD at current levels is that it's priced for perfection, i.e. a December interest rate rise and a Clinton landslide and both may well happen but I wouldn't be for chasing the USD higher from here. IJ.