After three busy days of fresh data and the Fed’s monetary policy meeting markets are given a bit a bit of a break today. Quadruple-witching aside ― that is, stock index futures, stock index options, stock options and single stock futures ― no major data is scheduled for release. Nor is the Treasury holding an auction and no officials selected today to deliver remarks on the economic outlook.

But apparently no news is good news. The Dow looks to open 37 points higher at 10,309 and futures on the S&P 500 are up 4.75 points to 1,099. In addition, WTI Crude oil is trading $1.51 higher to $74.16 per barrel and Spot Gold is up $11.48 to $1,110.38.

Meantime, the dollar is sliding for a variety of reasons, one of them being comments from former Fed chairman Alan “the Maestro” Greenspan, who warned that debt costs were rising to frightening levels.

“For the next decade or two, on some reasonable sets of assumptions, our borrowing cushion shrinks significantly, threatening to test our capacity to raise funds to finance unprecedented deficits,’’ Greenspan said to the Senate Homeland Security and Government Affairs Committee yesterday.

In other financial news, influential banking analyst Meredith Whitney has downgraded her earnings estimates for financial giants Goldman Sachs and Morgan Stanley through 2011.

The Wall Street Journal reports: “Ms. Whitney, head of Meredith Whitney Advisory Group and known for her bearish calls during the financial crisis, now predicts Goldman's earnings per share for the fourth quarter will be $6, down from $6.38. She also said its earnings will be $19.57 a share this year, $19.65 next year and $24.04 in 2011. The cuts take nearly 40 cents off the 2009 Goldman estimate, more than $2 off next year's and $3.44 off 2011's.”