There is some cautious sentiment in the market

Huitong Network3month1Daily News - USD2month28The market remains stable, recovering from earlier losses. Investors are waiting for President Trump's speech in Congress later today to find new clues to his economic plan.
New York Stock Exchange Review: The US dollar remains stable, and the market is waiting for Trump's congressional speech   
Investors remain cautious as they are concerned that Trump's speech will focus on domestic issues, disappointing those who expect him to provide more details on tax reform plans.

Daoming Securitiesforeign exchangeNorth American Director of Strategy DepartmentMark McCormick"There is some cautious sentiment in the market, and I believe the two main factors that dominate the market today are profit taking before Trump's speech and position adjustments at the end of the month," he said
   
Trump in11Shortly after winning the monthly election, the US dollar surged14At a high level this year, due to market expectations, he will launch a large-scale fiscal stimulus and currency re inflation plan. But the US dollar is1Month and2The first half of the month fell due to the lack of details in the tax reform plan.
   
The US dollar index fell slightly at the end of the day0.03%Report101.10，2Expected monthly increase1.6%about.
New York Stock Exchange Review: The US dollar remains stable, and the market is waiting for Trump's congressional speech   
The market will also pay attention to when the Federal Reserve will conduct its next interest rate hike. Several Federal Reserve officials spoke this week, with the most notable being Chairman Yellen's speech on Friday.
   
Recently, the linkage between the dollar against the yen and the yield of US treasury bond bonds is very high. The yield of US treasury bonds fell on Tuesday, pushing up the yen.

Foreign exchange strategist at Wells Fargo BankErik NelsonThe Japanese yen is still mainly influenced by US bond yields,10The yield on one-year US Treasury bonds may support the yen, at least in the short term,10The yield of one-year US Treasury bonds only slightly declined today
Federal Reservehttp://news.fx678.com/news/keywords/fed.shtml