Good day folks, Currency trading news for today, from New York city, The US dollar was unfaltering against the japanese yen on Tuesday, with the business sector careful about taking an excess of wagers on the coin in front of congressional confirmation by Federal Reserve Chair Janet Yellen. wait and see makes US currency keep stronger against other major currency.
Janet Yellen's appearance before the U.S. Senate Banking Committee is drawing additional consideration after dovish-sounding minutes from the Fed's January meeting discharged a week ago scratched desires for an early premium trek, and damage the US dollar currency as safe haven currency. Investors and Markets will be listening intensely for whether Yellen takes a dovish tone in her confirmation. The US dollar currency was little changed at 118.92 yen after edging down from a high of 119.35 on Monday following a slip in U.S. debt yield. Safe haven currency pairs is USD/JPY for now
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