Dallas Fed President speaks on Bloomberg television
– Fed may have to be nimble to revise forecasts
– US needs structural reforms. Sites infrastructure,, spending
The USDJPY is up testing the 100 hour MA at 116.923. The 200 hour MA is at 117.02. The EURUSD has moved back lower and trades below the 200 bar MA on the 4-hour chart at 1.0554 once again. The GBPUSD is trading below the 1.2300 level and tests the 200 hour mA at 1.2287.