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USD/JPY quickly gives up post-Yellen gains

USD/JPY spiked to fresh 4-day highs only to quickly surrendered gains after Fed Chair Yellen said she believes the case for higher rates has strengthened but refrained from hinting at the probable timing.

USD/JPY rose over half a cent to a peak of 100.89 but quickly surrendered Yellen-inspired gains and fell into the red. The dollar hit a daily low of 100.05 and it was last at 100.18, now 0.33% below its opening price.

Yellen pushes USD to test 95.00, just to drop afterwards

An unexpected hawkish tone by Chair J.Yellen has lifted the US Dollar Index to fresh tops in levels just shy of the 95.00 handle on Friday, although t
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GBP/USD surges close to 3-week high, swings over 100-pips from session low

The GBP/USD pair tumbled to mid-1.3100s following the opening statements from the Fed Chair Janet Yellen, suggesting that the case of an eventual Fed
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