Yellen: Monetary Policy likely to remain highly accommodative long after any rate hike threshold has been reached
From fxstreet.com
Comment comes in a letter to a Senator. Fed's unemployment threshold is not a trigger (that what the hell is it?) EUR/USD rallied to test key resistance at 1.3549 but fell just two pips shy. EUR/JPY probed through trendline resistance and reached 135.70, briefly. Looks like Yellen is content to keep rates lower for longer, and longer and longer...
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