FOMC members are garnering attention now and Dennis Lockhart’s hawkish comments have driven some direction for traders. Lockhart has historically been towards the dovish end of the spectrum and his comments yesterday suggested that the US economy was ready for a September rate hike. It has been a feature of the markets in recent days in that the dollar has been unable to gain any real traction. This has come as Treasury yields have continued to fall back, a sign of concerns over future growth. However overnight there has been a turnaround in the yields (which have pushed higher again) and this has brought the dollar ... (full story)