The euro is on the rise as markets react to the Fed chairman's comments Monday.
Don't expect much excitement from this week's emerging-market central bank meetings, as they all should result in rates being held steady.
The latest Commitment of Traders report shows a dramatic reduction of net short speculative positions.
Politics is one of four areas likely to play a significant role in the coming days.
Dollar is likely to remain firm amidst global economic worries.
Ahead of an important election, the government also revised 2012 growth forecasts upward.
The euro is at the top of its recent range and global shares are down.
Disappointments in the core of Europe Thursday should not obscure the bright spots in the region.
The euro is erasing earlier gains and the EuroStoxx 600 is down over 1%.
Early Thursday in Tokyo, Japan is likely to report a trade deficit for February, its fifth monthly one.