US Session Includes Fed Speak and Import Prices Data - BBH
Research Team at BBH, suggests that the US session features import
prices, where the risk is on the upside after a 0.3% decline in
February.
Key Quotes
“Three regional
Fed presidents speak (Harker, Williams, and Lacker). The brief
flirtation the market had with an April hike has faded. We continue to
argue that the clearest signals of the Fed’s intent come from the
leadership, Yellen, Fischer, and Dudley. Interest rates differentials
are moving slowly back into the US favor, and we expect this to begin
giving the dollar better traction.”
(Market News Provided by FXstreet)
