Yellen holds the key to risk on or risk off


Fed Chair Yellen goes to Capitol Hill to all important testimony: this is the big event of the week and it comes amid a worsening market mood. If she goes dovish, it’s all good for commodity currencies, the pound, oil and stocks. Yet if further rate hikes remain high on the agenda, this could give another boost to the raging euro and yen. Markets seem very dependent on help from central banks.

Wrap up of the morning show for February 10th 2016:

Get the 5 most predictable currency pairs

About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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