Yellen’s patience weighs on US dollar

by Ashraf Laidi

Feb 24, 2015 17:49

The dollar quickly lost all of the gains triggered by traders' misinterpretation of wire news services' reporting of Fed Chair Yellen's testimony, erroneously stating that “guidance chance to mean liftoff possible at any meeting”. Full charts & analysis.

Act	Exp	Prev	GMT
Fed's Yellen testifies
			Feb 25 15:00

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@Rinsura1 ugly weekly candles in yields (9 hr ago)
#BankCredit vs #LabourMarkets. Both competing whom shall singlehandedly hang the longest from the bar. (9 hr ago)
@piptrain but on the bright side, we held the Oct trendline (11 hr ago)
Gold shrugging JOLTS and going w/ Chicago PMI (12 hr ago)
we all know the high pstv correlation btwn Chicago PMI and Manuf USM or napm as it used to be called (13 hr ago)
US-JPN 10yr vs #USDJPY: Who's wagging whose tail? find out below https://t.co/ORmIfTeADr #forex $TNX #XAUUSD $GLD (yesterday)
#JPY finally playing along w/ yields. Ystrdy's holiday signal helped. More work is needed. #JOLTS will be key tomo… https://t.co/Z4MA3vaMAf (yesterday)
Year-to-date Performance https://t.co/cFkT3gxC6L #forex #XAUUSD $TSL $SPX #NDX #NASDAQ $AAPL #Litecoin #bitcoin… https://t.co/mTo3aAxU5o (2 days ago)
German bond yields & US bond yields futures tanking as people are away. #USDJPY ??? #forex (2 days ago)
ما هي مخاطر عوائد القصيرة المدى بعد صفقة سقف الديون؟ https://t.co/Y7tD0RxCS2 (2 days ago)

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