Back
24 Feb 2015
Barclays: USD into Fed Yellen’s testimony – eFXnews
FXStreet (Barcelona) - The eFXnews Team share Barclays’ view that Yellen’s testimony today might be USD supportive.
Key Quotes
""The latest minutes showed that “many” participants are in favor of keeping the rate for longer while “some” argued for earlier hike, and we look for any indication that this balance of opinions has changed or not after seeing the strong January employment report," says Barclays."
""While our forecast is mixed relative to consensus, we expect Chair Yellen to reiterate constructive views on the US economy in her testimony and likely be USD supportive," Barclays projects."
This content has been provided under specific arrangement with eFXnews.
Key Quotes
""The latest minutes showed that “many” participants are in favor of keeping the rate for longer while “some” argued for earlier hike, and we look for any indication that this balance of opinions has changed or not after seeing the strong January employment report," says Barclays."
""While our forecast is mixed relative to consensus, we expect Chair Yellen to reiterate constructive views on the US economy in her testimony and likely be USD supportive," Barclays projects."
This content has been provided under specific arrangement with eFXnews.