She's finished her testimony and we're into the questions

So far there's been nothing to get our teeth into. She got some questions on Dodd-Frank and made a comment that being a lender of last resort is a very important power

The dollar is retracing some of the upward move as it gets bored waiting for something juicy

USDJPY has sagged to 123.80 from the 123.97 high and EURUSD has come off the 1.0935 low to 1.0970

Only 8 more hours of this to go ;-)