Flash: marco highlights – TD Securities

FXstreet.com (London) - Richard Kelly, Head of European Rates and FX Research at TD Securities has said that the Macro highlights this week will come on Wednesday with the release of the FOMC minutes and Bernanke’s semi-annual testimony, both of which should, in their view, strike a more dovish tone than the recent sell-off in Treasuries would suggest.

In particular, he added that markets will key in on any further details to the new symmetric Fed language added in the last statement that they are now “prepared to increase or reduce the pace of its purchases.’’