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Dollar softens ahead of Yellen speech

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    An air of uncertainty ripples across the financial markets ahead of Tuesday’s heavily anticipated speech from Fed Chair Yellen which may provide some clarity on the number and timings of US interest rate hikes this year. This speech comes at a time when market participants have been left bewildered by the unexpected hawkish bias from Fed officials that contradicted the dovish FOMC statement in March. Although initially the inflated expectations over the possibility of a US interest rate rise

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