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Yellen gives green light to carry trades — #SaxoStrats
Saxo Bank's Head of FX Strategy, John Hardy digests the effect of Fed chair Janet Yellen’s testimony on the forex markets.
He says that Yellen’s cautious rhetoric on inflation has led to a weakened US dollar, bond markets consolidating and more risk with carry trades.
02:11 minutes
Tags: FOMC, forex trading, home.saxo, janet yellen, john hardy, saxotrader, saxotradergo, tradingfloor.com
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