The US dollar is attempting to make a comeback after being hammered on Friday on the back of a very poor jobs report from the world’s largest economy. The dollar bears are worried that the Fed’s Janet Yellen may spoil the party for them in a speech later today as she may stand firm on her recent call that a rate hike in “coming months” is still likely. After all, some would argue that one month’s worth of data is insignificant and that there is a danger the Fed will be losing (more) credibility if it once again backtracks on its promise of raising rates. However, the market’s expectations for a rate hike in June has ... (full story)