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Money markets are waiting for Janet Yellen to shape their outlook

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    General market theme Traders are focused on the Dollar this week and we have mentioned a few times in our recent reports just how important Fed Yellen’s testimony to the House committee today is. The Dollar has seen big moves upwards and downwards in recent weeks as investors are trying to gauge the possibility of more tightening from the Fed in the next months. Today the Fed Chairwoman will have to make her views clear to the US lawmakers and she can’t avoid hiding her views on the progress

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