Traders also note, in addition to talk of a push for another discount rate hike, the fund advisory firm report making the rounds today also says the Fed may shift its language, dropping “extended period”.

Why that is a surprise is beyond me as it was hotly debated at the last FOMC meeting.

EUR/USD is consolidating at the bottom after the range after a mild range-extension to the topside earlier in the morning. Ready buyers in EUR/USD on seen on dips, should the opening gap from Monday morning close.