Video Summary: Fed Chair Janet Yellen delivered prepared commentary that led a Dollar bounce. But does it mean a sustained move higher? Here's what we're watching.
- Dollar clings onto pivotal support versus Euro, Yen following Fed Chair commentary
- Forex markets remain quiet, but is low EURUSD volatility a good thing?
- Keep a close eye on financial markets as Emerging Market troubles haven't disappeared
Forex Correlations SummaryView forex correlations to the S&P 500, S&P Volatility Index (VIX), Crude Oil Futures prices, US 2-Year Treasury Yields, and Spot Gold prices.
Data source: Bloomberg. Chart source: R SEE GUIDE ON READING THE ABOVE CHART
Contact and follow David via Twitter: https://twitter.com/DRodriguezFX