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Dovish Yellen proves bullish for other markets: Fasdal
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Following Tuesday's dovish comments, the US Federal Reserve's Janet Yellen has had a big impact on financial markets. The weakening of the US dollar has meant currencies in emerging markets have benefited, notes Saxo's Simon Fasdal.
Fasdal also explains that the euro has strengthened, which will alarm the European Central Bank. European bonds have also been impacted and there's been a boost for European equities.