Fed's Yellen: Stronger dollar has also reflected expectations of fiscal policies

Fed's Chairwoman Janet Yellen is on the wires, via Reuters, saying tools that the central bank does pay attention to the value of USD in forecasts.

More headlines (via Reuters):

  • Maintaining a healthy economy is something that greatly benefits minority groups
  • Expectation for growing divergences in U.S. and global rates has put upward pressure on dollar
  • She expects drag of stronger dollar on exports to continue

USD/JPY rallies hard on Yellen's hawkishness, up 1.34% on the day at 114.15

Currently, USD/JPY is trading at 114.15, up 1.34% on the day, having posted a daily high at 114.18 and low at 112.57. USD/JPY has rallied through the
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Fed's Yellen: Expectations for gradual rate rises partly explains price-equity ratios

Additional headlines keep coming from the Fed Chairwoman Yellen's speech (via Reuters) in San Francisco...
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