Goldman sees the US Dollar Index, which fell by as much as 0.5% on Thursday, reaching 99.7 by December
Tweetstorm has become a new way for governments to express disappointment with central banks
President Donald Trump has demanded the Fed cut rates to bolster growth as he piles tariffs on Chinese imports to try to win a better trade deal
Trump has elevated his criticism of the central bank to a shrill level in recent weeks
Most investors were expecting the government to increase spending to shore up economic growth
Pressure caused by this "supermassive black hole" would seep into the foreign exchange forward, cross-currency basis and Libor-OIS markets, according to the note
A big clue could come from Chairman Jerome Powell when he speaks on Friday at the Kansas City Fed's annual policy retreat in Jackson Hole, Wyoming
The Fed released minutes of its July meeting later on Wednesday, which will provide an insight into its deliberations when cutting interest rates for the first time since the financial crisis
The Fed cut rates last month for the first time in a decade and signalled it was open to doing more amid slowing global growth
Trump said in a Twitter post in which he also lamented that the US dollar is so strong that "it is sadly hurting other parts of the world"
... between a harder forward premium and a sharp decline in the domestic rates
Fed rate cuts in conjunction with additional fiscal stimulus could result in higher inflation - which could spook markets and lead to a nasty unwinding
Sensex, Nifty close at their lowest levels in five months
Tide of bad news has spooked the market
Fed chair Jerome Powell, later in the presser, said that the rate cut has been in the pipeline for a while and doesn't necessarily portend a long cycle of rate cuts
Financial markets had widely expected the quarter-percentage-point rate cut, which lowered the US central bank's benchmark overnight lending rate to a target range of 2.00% to 2.25%
The Republican president has blamed the Fed under Chairman Jerome Powell for undercutting his administration's efforts to boost economic growth
More monetary accommodation can lead to higher risks
Here is a brief summary of various US macro-economic indicators, which are likely to influence the Fed's decision
Some Fed watchers predict officials will cut their benchmark by half a percentage point, but the signal is that they will eschew a bigger move in favor of a quarter point reduction