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Dovish Yellen signals potential delay in rate hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events A dovish Janet Yellen spoke in front of the congress (by Yann Quelenn) As we said yesterday, we expected Janet Yellen to announce that the Fed would delay a hike. Yet, she has refused to admit that the current Fed strategy to achieve a normalized monetary policy has so far proven inefficient. She mentioned that overall financial conditions have become less supportive of growth. In particular that unemployment rates have lowered but better job conditions have not provided

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