Intraday Market Thoughts

Yellen Autopilot Extends Hammer Candles

by Ashraf Laidi
Feb 11, 2014 17:07

Yellen's testimony  signals that further tapering remains part and parcel of policy normalisation, but will not emerge at the risk of jeopardising a gradual but fragile US recovery at a time when China, the world's 2nd largest economy is revealing continued signs of weakness in manufacturing and services. Yields, yen crosses and equity indices follow up on last week's hammer candles. Full charts & analysis

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Yellen Autopilot Extends Hammer Candles - Yields Feb 11 (Chart 1)


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