With the Charles Schumer bill possibly being voted on by the end of this month, now may be a good time to allow greater flexibility.

Not only does this software detect activity, it starts making its own measurements before researchers even look at the data. It does what a human on the ground would do.

We were short-dollar as our core view is that the Fed ended its tightening cycle on Jan. 31.

Given the market is looking for another rate hike at the end-March FOMC meeting, it seems likely that the U.S. dollar will stay firmer over the next few weeks until the Fed has clearly signaled its present rate-tightening cycle is over.

On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures.

On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures,