When the Doves Don’t Cry — MM #97
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Yellen hit the dollar hard with her dovishness and might do that soon. Why did she go there? We continue with analyzing the fresh figures coming out of the US and preview the upcoming events.
- Yellen’s Dovefest: A few of Yellen’s statements were surprisingly dovish and her worries seemed exaggerated. Did she try to hit the dollar? Do something else? We discuss the motives.
- Is the US ready for another rate hike?: Running down the NFP and other figures, there are some bright spots and other weak ones. What does this imply going forward?
- Preview: Yellen stays with us for another week and now we also have the Fed minutes as well as other events.