 The forex markets today are characterized by a lack of decisive direction. Dollar remains generally weak, yet there seems to be a reluctance among sellers to push it further down. Market focus is now shifting to comments from several Fed officials scheduled for today and the rest of the week, as Fed's blackout period approaches this weekend. However, these comments might not provide significant guidance as officials are likely waiting for more economic data, such as PCE inflation, ISM figures, and next week's non-farm payrolls, before forming a more defined view on the interest rate path.... |
