Yellens high bar - BBH

FXstreet.com (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the impact of the Fed.

Key quotes

"The Fed's decision to continue to taper made no reference to the market turmoil. The key take away is that the bar for Yellen to change the course Bernanke has put the Fed on is higher than market turmoil and a disappointing jobs report".

"Many observes still insist that the Fed's tapering is behind the emerging market turmoil."