News Headline Summary

Following the comments from Fed's Rosengren where he said he would back less bond buys if labor improvement continues, USD index has seen an uptick, T-notes have drifted lower extending on todays losses to trade 5+ ticks down

Analysis details (18:49)

- On previous occasions, Fed's Rosengren has been ultra dovish and has strongly supported Fed's bond buying efforts but is now willing to see bond purchases pared back some time soon if the economy continues to recover at its current pace...these latest comments have scaled back the 'dovishness' somewhat.

29 May 2013 - 18:38 - Forex - Source: RANsquawk

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