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Dollar Plummet while U.S. Shares Surged!

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yellen: Fed Must “Proceed Cautiously”; Dollar Plummet while U.S. Shares Surged! Fed Yellen’s dovish comments contradicted the hawkish comments from Fed policymakers last week and wreaked havoc to dollar’s exchange value. However, that was a push for the U.S. shares to enjoy a gainful trading day. Other main beneficiaries of her comments were the commodity bloc currencies versus the greenback and the metals. The major currency pairs which do not involve the dollar were traded mostly unchanged

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