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Boston Fed Susan Collins spoke at the Boston Economic Club: She suggested that It is likely that we will cut rates later this year if the economy meets expectations.
In EM, the currencies of Mexico and Turkey are outperforming.
The Dollar ekes out modest gains from US exceptionalism. Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes FX market outlook.
The AUD/USD plunged to a three-month low due to hawkish comments from Federal Reserve Chair Jerome Powell and expectations of a dovish rate held by the Reserve Bank of Australia (RBA).
After a strong start to the year, the Pound Sterling (GBP) has retreated somewhat at the start of February.