Everyone publically says that they're convinced "measured" will stay in, and then they turn around and hedge (which is normal, I suppose). I've shorted EUR up until today ever since mid last week. But I'll close out and stand aside for the announcement. My bet (note: bet) is that the EUR will turn right around again when "measured" is in there.
However, people are now popping up that are dispelling rumors of any ECB rise before the summer's end - whereas they were claiming it was possible in the beginning of last week.
Keep in mind with this next Fed rate, you'll actually make money selling EUR against USD. That in itself might be a signal.
Of course, everything I say here might be as accurate as the 8-ball.
