Yellen this week comes as a risk- BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that Yellen’s testimony is a risk because investors are still getting used to her communication style.

Key Quotes

“Arguably, she is getting used to presenting as the Fed chief, though her resume in public service is extensive and impressive. However, the risk of her going off message before Congress seems marginal at best”.

USD/CAD broadly bullish – TDS

Shaun Osbourne, Chief FX Strategist at TD Securities explained the events around USD/CAD and remains broadly bullish for funds.
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USD/CAD reverses and falls to 1.0950

The USD/CAD rose at the beginning of the American Session to 1.0989, reaching a fresh daily high but then weakened and reversed sharply falling to 1.0951, hitting a new daily low.
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