There has been a lot of pressure in early 2016 for the Fed to scale back its rate hike timeline. The market has gone ahead and priced this in and will be looking for more assurances from the Fed Chair later today. But the more important question for markets at the moment is will it even help if she does offer such assurances?
Charts: Technical & fundamental highlights
Peformance chart: Five day performance v. US dollar
This article originally appeared at LMAX.