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John Hardy, head of FX strategy at Saxo Bank, explains the movements in the market following Friday’s speech by Federal Reserve chair Janet Yellen at Jackson Hole, Wyoming.
Yellen said at the central bankers’ conference that the case for a rate hike had strengthened during the past few months and that QE could help combat a potential recession in the US.
03:27 minutes
Tags: economy, fed, federal reserve, forex, fx, jackson hole, janet yellen, macro economics, markets, saxo, saxo bank, saxo bank saxo tv, saxo tv, saxostrats, saxotradergo, saxotv, speech, tradingfloor.com, usd