Gold Silver Reports — The dollar’s best month in more than a year faces one last barrier: Janet Yellen speaks on Friday and any hint that interest-rate hikes will be delayed could spur a reversal for the greenback.
Janet Yellen
Gold Fell As A Rally in Assets Seen As Higher Risk
Gold Silver Reports ~ Gold fell as a rally in assets seen as higher risk, such as equities, prompted some investors to cash in gains sparked the previous day by Fed chair Janet Yellen’s cautious tone on further rate hikes.
Yellen Acknowledged Weaknesses, Indicates Rates to Still Rise
Gold Silver Reports ~ Federal Reserve Chair Janet Yellen acknowledged weaknesses in the global economy in prepared testimony to Congress on Wednesday, but indicated that rates could still rise this year, albeit at a slower pace.
Janet Yellen; Fed Rate Hikes In Congress
Gold Silver Reports ~ Federal Reserve Chair Yellen will defend the U.S. central bank’s 1st rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on Wednesday.
All Eye Focus This Week is on FED Chair Janet Yellen
Neal Bhai Reports ~ The focus this week is on FED Chair Janet Yellen’s testimony before the Committee on Financial Services and Committee on Banking, Housing, and Urban Affairs on the 10th and 11th of February.