By FXStreet NZD/USD was the high flyer in overnight trade on the back of Yellen’s dovish tone. Yellen was sounding far more dovish today than the market had
By FXStreet AUD/USD rallied on the back of Fed chair Yellen surprising markets at just how concerned she is about global developments and how far away that the
By FXStreet Analysts at Westpac noted that Fed chair Yellen sounded more dovish than expected in her speech to economists in New York. Key Quotes: “She spent much
By FXStreet Analysts at Westpac offered the key events ahead for today. Key Quotes: “Japan Feb preliminary industrial production, out at 10:50am Syd/8:50am Tokyo is expected at -5.9%
By FXStreet Eric Theoret, CFA, CMT FX Strategist at Scotiabank explained that they continue to highlight USDJPY’s considerable vulnerability to shifting sentiment. Key Quotes: “…and the potential for
By FXStreet Valeria Bednarik, chief analyst at FXStreet noted the technical conditions surrounding EUR/USD after Yellen’s cautionary speech today in the US session. Key Quotes: “As for the
By FXStreet Ahead of tomorrow’s expectations for a build in the Energy Information Administration (EIA) data with a consensus for a build of 2822.22K barrels, today’s prelude in
By FXStreet In respect of PM Abe announcing that the 2017 tax hike will go, James Smith, Economist in Developed Markets at ING Bank, explained that an interesting
By FXStreet The US dollar dropped sharply after the release of Janet Yellen speech, that was seen as dovish by market participants. The Fed Chair mentioned that they
