The tone of the markets was well set by Fed Chair Jerome Powell's indication of smaller rate hike in the upcoming FOMC meeting. The biggest reactions were found in treasury yields, which decline was surprisingly steep. US stocks ended higher but upside momentum appeared to be diminishing. Dollar was sold off broadly and closed as the second worst performer, next to Canadian. Australian Dollar was actually the third weakest, arguing that risk-on sentiment wasn't that solid. Yen was the strongest, as supported by falling yields, followed by Kiwi and then Sterling. Euro and Swiss Franc ended mixed. | 