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From OANDA MarketPulse: What’s next for Janet Yellen & Co.?

Analysts do not expect another rate move in May, while a hike in June is currently priced in at 50%. The markets will be looking for clues about the Fed’s monetary plans.

A host of FOMC members will be speaking this week, highlighted by Janet Yellen’s speech on Thursday at an event in Washington. The market will be looking for clues regarding monetary policy.

In the past, Fed policymakers have presented conflicting positions, and if the market senses that there are divisions within the Fed, the US dollar could lose ground.

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Top 5 Things to Know in the Market on Monday Top 5 Things to Know in the Market on Monday

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Will U.S. Inflation Reach The Fed’s Target This Year? Bonds Analysis by James Picerno covering: U.S. 10-Year, US Dollar Index. Read James Picerno's latest article on Investing.com

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USDCAD is over bought on the monthly, weekly, and has already started to point downwards from the overbought levels on the STO.

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