A lack of hawkishness was good enough for traders to pile into the dovish - sell dollars, buy everything else trade.
A lack of hawkishness was good enough for traders to pile into the dovish - sell dollars, buy everything else trade.
The Dollar Index plunged though to cycle lows, near May 2016 1150 lows...
As many predicted, Yellen's speech - while containing some cautions - was a nothing burger.
Copyright ©2009-2017 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they're updated constantly without notice.
Comments
Log in or sign up to join the conversation.