Yellen to repeat its recent stance – TDS

FXStreet (Edinburgh) - Strategists at TD Securities expect today’s speech by J.Yellen to remain in the recent context of the FOMC minutes.

Key Quotes

“We will also hear from Yellen today but we do not expect her to deviate much from the tone presented in the FOMC minutes (which was slightly dovish)”.

“Instead, we look towards next week’s semi-annual testimony on Capitol Hill to get a better sense of the risks around Fed lift-off”.