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The major currencies are trading above their daily chart SMA areas against the dollar, and at their highs of the session, in a technical signal that any Usd buying may be muted ahead of the Wednesday calendar releases.

Oil, gold, and equity futures moves are all flat, adding to the case for the markets to hold existing ground, rather than break new dollar buying ground, in the near-term.

06:00 EDT brings U.K. CBI Realized Sales, 08:30 EDT reveals U.S. Durable Goods, at 09:30 EDT we see the U.K. Inflation Report Hearings, 10:00 EDT brings U.S. New Home Sales, 10:45 EDT has the Bank of England Govenor King speaking.

The big one is the FOMC Rate Statement and detail at 14:15 EDT. This is a big day of fundamental information that should impact prices for quiet a while.