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