The dollar is firmer across-the-board following hawkish comments from the Fed's Lockhart late yesterday, who suggested upcoming data would have to disappoint significantly to get the FOMC to delay a tightening in September. His views were given more weight as he is a voter, and is typically more of a centrist. EUR-USD hit a two-week low of 1.0848, Cable fell to a nine-day nadir of 1.5526, and USD-JPY rallied to a six-day peak of 124.47, bringing the Jul-30 eight-week peak at 124.58 into scope.
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