The dollar rallied to intra day highs following comments from the Fed's Powell, who expects two rate hikes by the end of the year. The greenback had stumbled some following the softer durables data, though following the hawkish Fedspeak, and better housing data, quickly came roaring back. EUR-USD printed 1.1136 lows, as USD-JPY ramped up to 124.18. Cable traded into 1.5725, as USD-CAD recovered briefly to 1.2382. The greenback reversed coursee somewhat into the London close, as equities gave back their early gains, and as Treasury yields moved off their highs.
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