The focus is on how the market will assess the prospects for a rate hike before year-end in response to comments from senior FRB officials. Attention is also likely to remain focused on dollar-yen movements.
As the headline indicates, market attention is focused on comments from senior FRB officials, with the key issue being how to assess the prospects for an FOMC rate hike before year-end.
Against this backdrop, movements in dollar-yen are being treated as an important guide in the foreign exchange market, while investors and traders seek to gauge the outlook based on the FRB's comments.