Markets are mixed into the open with higher equity markets, lower bond yields and a generally strong USD. Supportive growth comments from both the IMF’s Lagarde and the Fed’s Dudley are encouraging, but the market’s focus is on the upcoming ECB and BoC meetings as well as Friday’s employment data. Today’s highlight is likely to come from the Fed with Vice Chair Fischer discussing his outlook at 8:10am EST and Chair Yellen’s opening remarks at 8:30am EST.
Read the full report: FX Daily