US Dollar Pressured amid Dovish Comments from Fed Officials, Commodities Failed to Benefit

Commodity prices weakened despite USD's weakness yesterday. The greenback was pressure as Fed's vice chairman Janet Yellen affirmed in her letter to the senators that "US monetary policy will probably remain very easy for a long while, even after either the Fed's interest rate hike threshold on lower unemployment, or inflation, has been crossed".

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US Dollar Pressured amid Dovish Comments from Fed Officials, Commodities Failed to Benefit

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