FX Closing Comments

There was a lot of indecision in the FX markets today, with very little in term of clear trends. The Dollar was essentially unchanged. The Dollar index was up 14 points on the day, as traders await Thursday's Fed meeting. This week's commentary is sure to be the biggest event of the week. A hawkish tone may provide some help tot he beleaguered Dollar and imply that another hike is due in June.