@Aymankkhlifat
-
Did the Dollar Find its Groove Again?
The US dollar traded higher against most of the major currencies over the past week. No thanks to Yellen's testimony before Congress. Market participants took away from her a reduced chance of a mid-year rate hike. We disagree with the interpretation, seeing her comments as 1) playing down lowflation as transitory and 2) seeing the global influence being overall balanced as the decline in oil prices and interest rates offset the dollar's appreciation. We continue to expect the FOMC to drop its "patient" forward guidance at its mid-March meeting. The main impetus for the dollar appeared to come from the sharp drop ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 28, 2015 2:59pm Feb 28, 2015 2:59pm
- forexpipss
- | Membership Revoked | Joined Feb 2015 | 34 Comments
- Comment #2
- Quote
- Feb 28, 2015 3:23pm Feb 28, 2015 3:23pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #3
- Quote
- Feb 28, 2015 7:59pm Feb 28, 2015 7:59pm
- diathesis
- | Additional Username | Joined Feb 2015 | 3 Comments
- Comment #4
- Quote
- Mar 1, 2015 10:40am Mar 1, 2015 10:40am
- Logix
- | Joined Oct 2013 | Status: Member | 78 Comments