US trading brought some dip buying

The US dollar has held a solid bid throughout North American trading and continues to chip away at the post-Fed losses.

It was an unusual Thursday Fed decision and that will keep some player sidelined until the weekend. One thing I expect to pop up at some point today is a statement from the Fed's Lacker. It's typical for a dissenter to offer some kind of explanation why he or she broke with the consensus in the day or so after the decision.

Watch EUR/USD closely to see if there will be a stronger leg of USD buying. Look for stops below 1.1400/1.1397 and the session lows.