11.   The market already has assumed, however, that the Fed would not raise interest rates this time, said Masahiko Wakabayashi of Tokai Bank.

12.   The market has already assumed that the Fed will not raise interest rates during the session, but many players remain cautious.

13.   While the market has already assumed that the Fed will not raise interest rates during the session, many foreign exchange players were exercising caution.

14.   The market has been assuming nothing will happen here forever.