FX commentary: USD
The dollar is steady around the middle of the N.Y. trading range in light trade ahead of the ISM report, and for the most part, depending on the data outcome, see the greenback testing either the previous highs or lows of that band. Barring out sized surprises, we suspect the market will not push too hard in either direction into the London close, as dealers will quickly begin to tend to book-keeping into the weekend.