Currency comment 3/21

The dollar fell while the pound and Euro rallied in Tuesday FX trading.  The prime cause of the Euro rally was the very good showing in the French election debate by candidate Marcron against LePen.  Investors are fearful that a victory by LePen would further erode the structure of the EU.

U.S. economic news continues to take a back seat to the political show now playing in Washington. Hearings on the future Supreme Court justice; the upcoming fight over Obamacare are all the center of the attention this week.

Expect dull, disjointed trading this week.