Forex news for US trading on November 4, 2015
Janet Yellen was testifying in Washington on banking regulation but was able to get a few comments in on monetary policy and the economy. It is not so much what she said was anything new, it is more that the market believes that she is not necessarily crying wolf. She really means that the Fed may act in December. The proof is that the market increased the probability of a hike. That helped the dollar move higher.
Forexlive American FX new wrap: Yellen reiterates December is a Live meeting
