Quiet dollar ahead of FOMC now? - UOB

Analysts at UOB noted Brainard’s speech as the last from Fed officials before the FOMC.

Key Quotes:

"Brainard’s speech was the last from Fed officials as the committee enters the one-week blackout before its 20-21 Sept meeting, in which there is now only a 22% chance for a rate increase."

"With most of the key data already released, unless Aug’s CPI surprised to the upside this Fri, else we should be expecting a relatively quiet week for the dollar."