FX CHAT: Focus firmly on Fed's Dudley says BNPP

As he is a core member of the FOMC, and his views are likely in sync with those of Chairman Bernanke. The bank says New York Fed President Dudley has not spoken publicly on the economy since April, so any signal from him that he is amenable to considering the tapering of asset purchases would be considered a view shift, and likely see the USD regain some upside momentum ahead of Wednesday's Bernanke testimony before the JEC. Dudley speaks at 1700 GMT. EUR/USD now at 1.2855, USD/JPY at 102.76.

(gary.stride@dowjones.com)