Danske Bank - "EUR/USD has moved over 1.30 on the Fed announcement. Considering that we view the move by the Fed as a game changer, we think that further dollar-weakness is in the pipeline, not only versus the euro but also versus cyclical, commodity and EM currencies, which are going to be the big beneficiaries of this move. We are now in a very supportive environment for carry strategies: Low and falling volatility and Fed adding cheap dollars on the funding side. 3M G7 implied volatility is below 8% and hence at the lowest level since 2007. "