It's the first key Fed speech since the scale of the devastation became apparent so that could be quite important if he is used as a vehicle to express Fed policy.

Japan doesn't like what is happening but they realize they are fighting a broad-based dollar decline.

The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.

I don't think it changes anything too much, in terms of what he might do at the next meeting -- it's unclear but he's very much in the minority.

There's a general upside bias for the dollar right across the board, but that inclination is tempered a little when you come up against big events like the trade data.

Sentiment is still dollar negative, and it will take some very decent equity news to turn this around. The market needs something to hang its hat on.

I don't think the Fed are going to signal any kind of pause in rate increases next week. There's no reason the dollar can't continue to benefit from the rate advantage.

There's uncertainty about the floating voter.

There is a good chance that the Fed won't raise rates on Sept. 20 but in doing so they are likely reaffirm that they will raise rates thereafter.