Don’t waste your time – keep track of how NFP affects the US dollar!

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Strong USD, Yellen's comments on rates

Updated

US stocks have started recovering after yesterday’s drop. They fell on a sale of tech stocks and Treasury Secretary Janet Yellen’s comments on interest rates. Yellen claimed that the rates are likely to rise as government spending is increasing and the recovery is faster than expected. However, after that, she reassured investors by saying she wasn’t forecasting or recommending rate hikes.

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