Forex - EUR/USD Flows: Lockhart on the newswires

 15:10 (GMT) 12 Jan

  [Forex Flows]

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EUR/USD Flows: Lockhart on the newswires (0100-KNPY-C01)

Fed's Lockhart says, "if inflation overshoots too much there may be demands to raise rates in a pre-emptive manner." For me the biggest word in that statement is 'if'. Fed speakers everywhere you look today and something for everyone as EUR/USD thrangs around in a rough 1.0630/80 range. More choppy range trading probably the order of the day although fading a break higher appeals more than fading a break lower. IJ.

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