Tuesday, February 14, 2017

Eyes are on Fed Chair Yellen tonight and tomorrow. Her trajectory on rates will be scrutinized and more





Global Markets Daily
by Saktiandi Supaat


FX Research





Eyes are on Fed Chair Yellen tonight and tomorrow. Her trajectory on rates will be scrutinized and more specifically whether Fed will act in Mar. The Dodd Frank is likely to be defended and she might even touch on the topic of Fed’s participation in international financial regulation. Her words should provide USD with the next directional cue. In the meantime, expect some consolidation for USDAsians including the USDJPY which has been hovering within the 113-114 levels yesterday...

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