USD Rebounds on Fed Speak

LMAX Group Research Desk LMAX Group

Finally an impressive comeback for the US Dollar after the Fed Chair retained a more hawkish tone than the market was expecting, while Fed Fischer added that Yellen's comments were in line with a potential September hike. Looking ahead, US core PCE is the key standout on Monday’s calendar.

Five day performance v. US dollar

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LMAX Group Research Desk

LMAX Group

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