Currency comment 3/3

Friday saw a pull back in the U.S. dollar as traders sold to take profits before the week end. Many traders prefer to be even over a week end to avoid disruptive market news. The Fed says there is a fair chance of an interest rate hike in March.

U.S. treasuries saw a small bounce on Friday after a down draft in values caused an uptick in rates recently. With the Fed indicating higher rates in the coming months, the dollar will again draw a bid to move higher.