13 Quotes by David Durrant

Nothing will move the market dramatically until the payroll data comes out.

Slightly higher inflation says to the Fed they have to remain with a tightening bias. The market is going to remain focused on payrolls at the end of the week. That's likely what is driving dollar strength.

If there was a surprise (in the GDP report), it was that the deflator and core PCE were revised up a bit. So, slightly slower growth than expected, although it's still a relatively robust 4.1 percent.

The currency markets are much more driven by activity and data coming out of Europe and Japan right now.