The US dollar is trading mostly quietly in narrow ranges against the G10 currencies ahead of the ECB's President Lagarde's press conference at the conclusion of the policy meeting and the first estimate of Q4 US GDP. With elevated price pressures, Norway's central bank left rates steady and reiterated its signal that rates will remain high for some time, and this has lifted the krone by about 0.5% to leader the major currencies. Most of the emerging market currencies are a little firmer, but not the Mexican peso or Chinese yuan, which are a little softer today. The Turkish lira is also slightly heavier ahead of its ... (full story)