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The overnight forex crawl may extend itself into the Wall Street session while two things are absorbed; U.S. Trade Balance numbers at 08:30 EDT, and the Fed's Beige Book detail that is revealed at 14:00 EDT.
Both releases can move prices, but it has been the Beige Book recently that has affected price action the most, with the response being Usd buying, TheLFB Trade Team said. The major pairs have created a channel of overnight trade, with aussie the only one capable of breaking the range; that could all change at 08:30 EDT, or 14:00 EDT. We will update with any pairs that show potential in being able to break, they said.