The dollar has retained a mixed-to-firmer tone in trade so far today. The normally dovish Fed president Evans appeared, during a speech after the London close yesterday, likely to go along with two rate hikes this year, even while advocating a wait-and-see stance. The risk level backdrop has been mostly on the 'off' side of the spectrum, with oil prices softer, though above yesterday's lows, and Wall Street closing modestly lower and stock markets in Asia mostly in decline, albeit moderately so. EUR-USD has remained heavy, drifting back under 1.1200 after closing in New York at 1.1215.
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