Daily Morning Report 27.06.2017

The dollar was off highs against the yen Tuesday ahead of expected comments by Federal Reserve Chair Janet Yellen.

The dollar was off 0.17% at 111.67 yen at 02:30 ET after hitting five weeks highs at over 112.

The dollar index was off 0.11% at 97.00.

Despite ongoing hawkish comment by some Fed members, doubts have emerged about the possibility of further U.S. tightening this year.

Durable goods orders released Monday showed a bigger-than-expected fall.

Yellen is due to take part in a discussion at the Royal Academy in London.

ECB chief Mario Draghi and Bank of England governor Mark Carney are also due to speak later in the session.

The pound was steady above $1.27, while the euro was also firm against the dollar at below $1.12.