Good Morning, Traders!
Today is the 7th of January or the 8th of January depending on where you are. Here are some things to look out for in the session.
As hawkish comments from Federal Reserve Chair Jerome Powell added fuel to predictions that authorities will hike interest rates by a half-point at their March policy meeting, a gauge of the dollar's strength jumped to a two-month high, with the greenback up against all of its G-10 counterparts. The weakest performers were the Australian dollar, Norwegian krone, and Swedish krona.
6:50 PM ET
Japanese Current Account NSA Yen - Forecast: -785B| Prior: 33.4B