Cable is continuing to wilt with some demand in the 1.5210/00 zone and stronger bids at 1.5190/80.
USDJPY now testing offers in the 98.45/50 range. Better offers at 98.70/75.
Euro whipsawing traders as it goes from the highs of the day down to test the Asian low of 1.3005.
There was nothing in the Dudley comments that screamed `buy USD`. If anything it was the opposite. Next up is Fed Gov Powell, who celebrated a year at the Fed Tuesday and has said absolutely nothing of significance in that time. The topic of his speech is monetary policy so he might be finally ready to take off the training wheels.
