FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman aid the Federal Reserve has been criticized by some because it has been too transparent and that this gives rise to a false sense of security and facilitates mis-pricing of risk.

Key Quotes

Yellen seemed to respond to this by trying to inject some uncertainty."

"There have been many false dawns and the Fed’s ability, like any prognosticator, to forecast the world’s largest economy is limited. The economic outlook is uncertain, so the timing of future rate hikes is also uncertain."

You May Also Like

Related Forex Analysis
  1. Forex News

    DXY: Big unwind of crowded bets - Westpac

  2. Forex News

    EUR/USD Rally Stalls at February Support

  3. Forex News

    EUR/USD: Risk for a deeper recovery phase - JPMorgan

  4. Forex News

    USD weakens following trade data

  5. Forex News

    EUR/USD: advances on their way if through daily high - FXStreet

Trading Center