FOMC minutes, Dudley and bond auction coming up.

There is no US economic data on the calendar today.

Here is what's coming up:

  • Fed's Dudley at 1330 GMT. He spoke yesterday and said liftoff timing will depend on how economy evolves
  • Crude oil inventories at 1430 GMT. API inventories were extremely high and are weighing on crude.
  • A US 10-year note auction at 1700 GMT.
  • The FOMC minutes. Yellen was dovish on the press conference.

The US dollar rally yesterday has been erased, and then some.