Yellen's caution sends jitters across the board

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    A sense of unease enveloped the financial markets during trading on Wednesday following Janet Yellen’s cautious tone in her testimony regarding future US rate rises amid the global turmoil. Although the economic environment has transformed for the worst since the start of the year with ongoing China woes and violent declines in oil prices exposing the US economy to downside risks, in defiance the Fed continues to hold the view of raising rates at a gradual pace. While Yellen also emphasized

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