The United States faces tremendous pressure from Germany, Brazil and others regarding the Fed's recent decisions to resume quantitative easing (" QEII ").
With no real data due out later look for most market watchers to look forward to Tuesday's US FOMC Meeting Minutes for any telltale clues of the possibility of QEII.
The Dollar made a rare move higher today in Asia as reports leaked that the upcoming QEII expected from the US Federal Reserve next week may not be as drastic as expected.