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Fed's Yellen: We are not getting a consistent story on inflation

More headlines keep crossing the wires, via Reuters, from Fed Chairwoman Janet Yellen's Q&A session:

  • We are committed to price stability
  • Even though jobless rate low, below level most colleagues see as sustainable, inflation has continued to run below our objectives
  • We are looking carefully at inflation expectations
  • We are not getting a consistent story on inflation

EUR/JPY's double-top crackable, headed for 129.55/130.71 50% retracement?

Currently, EUR/JPY is trading at 127.18, up 1.69% on the day, having posted a daily high at 127.46 and low at 124.74. EUR/JPY has made a double top o
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NZD/USD: a favoured bullish trade - Nomura

Analysts at Nomura explained that from the NZD side of the equation, fundamentals are improving.  Key Quotes: "The NZD remains our preferred trade i
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