Next 24 hours: Looking Ahead to US GDP and Yellen
Today’s report: Thursday Data to Influence Fed Timeline Expectations
The US Dollar is consolidating into Thursday, perhaps wanting to take a breather ahead of today's important batch of data. The Fed has been warning of the possibility of imminent rate hikes if data permits, and we will get more colour today, with initial jobless claims, durable goods and pending home sales due. read report