Markets are mixed and relatively quiet. News flow was focused on Governor Carney’s less hawkish stance and PM Abe’s growth strategy; but FX reaction has been muted. Today the focus is two Fed speakers, Plosser at 8:05am EST, who a voting hawk, is likely to be offset by dovish comments by voting Fed Dudley at 2pm EST. Home data,consumer confidence and Richmond Fed are the other releases today.
Read the full report: FX Daily