The US Dollar aims to extend higher having roared to life in the wake of a momentous Fed policy meeting. Testimony from Treasury Secretary Yellen is now in focus.

The US Dollar may continue to push higher against the Euro amid speculation about tapering Fed stimulus after EUR/USD made good on bearish technical cues.

The Euro may fall if a pickup in inflation proves inadequate to inspire a rethink of ultra-dovish ECB policy. The US Dollar looks the ISM manufacturing survey for a lifeline.

The US Dollar may rise amid speculation that higher-than-expected inflation readings will prompt sooner-than-expected tapering of Fed monetary stimulus.

The US Dollar, other top currencies, and key benchmarks – the Dow Jones, Nasdaq, Treasury bonds and gold – are left adrift by an empty economic docket. Where will they default?

The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting.

The US Dollar may continue to push higher if PPI data tops forecasts, stoking worries about runaway price growth that forces sooner Fed stimulus withdrawal.

The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal bets.

The British Pound is on the upswing and may gain more ground against the Euro as all eyes turn to the Bank of England for clues about its plans to unwind Covid-era stimulus.

Yellen’s clarification of rate hike comments and the Fed’s dovish stance may continue to drive US equity prices higher near term.