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Fed's Yellen Remarks Weigh On USD, Commodity Currencies Higher

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    After last week's bullish comments from St-Louis Fed's Bullard (the market is getting used to it), traders were not expecting much from Janet Yellen's speech yesterday in New York. However, given yesterday's very light calendar, Yellen's dovish comments have had a strong effect on the US dollar. EUR/USD rose almost[​IMG]

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