US Summary Recap - WEDNESDAY

USD was down vs EUR, up vs JPY Wednesday after lifeless session; EUR/USD at 1.2863 vs 1.2848 late Tuesday, USD/JPY 115.27 vs 115.11, EUR/JPY 148.27 vs 147.77.
With (the Fed decision) out of the way, the market does not have a lot of news to trade on for today or what is traditionally the August dead period.

USD ignored larger-than-expected rise in June wholesale inventories, looking to retail sales Friday.

Treasurys flat, consolidating amid new debt sales, post-FOMC; 10-year down 4/32 yielding 4.94%. Surge in corporate issuance on FOMC pause sparked some hedging. Treasury sold $13 billion 10-year notes, will complete August refunding with $10 billion 30-year auction Thursday.

September Nymex crude +4 cents at $76.35, off $77.40 high after BP said it will know by Friday if it can maintain some output at Alaska oil field.

December Comex gold +$4.70 at $662/oz, pulled from 1-week peak of $666.50 by light profit-taking.