Karl Schamotta | Source | Chief Market Strategist at Cambridge Global Payments

The majority of senior executives at SMEs have a positive outlook about the business environment, and over half predicted that we will see a rise in FX volatility. With global uncertainties rising, currency market dislocations are increasingly likely - which could be a dangerous thing for companies who have not planned ahead.

Markets are largely keeping the powder dry ahead of tomorrow’s Fed announcement. We’re thinking that we are going to see a relatively dovish announcement, certainly acknowledging that risks have grown since the April meeting.