News Fed's Yellen states rate hike case has strengthened in recent months and economy is nearing the Fed's inflation and employment objectives. However, there was no explicit mention of September and was not as hawkish as other recent rhetoric from the Fed
2016-08-26 14:00 GMT
Reaction EUR/USD fell 66 pips, T-Note Sep'16 futures fell 13 ticks and E-Mini S&P Sep'16 futures rose 10 points. As markets fully digested the report, prices saw a full reversal and extended moves above pre-announced levels
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