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20 Jun 2016
Brexit to overshadow Yellen? - FXStreet
Market's sentiment continued improving last Friday, although uncertainty over the upcoming Brexit referendum has kept majors within familiar ranges.
Key Quotes:
"The decision of several Central Banks to remain on-hold last week, has been partially influenced by this upcoming event that could make the whole EU tumble.
"Janet Yellen will testify before the Congress, but given that it will be before the Brexit poll in the UK, market moves may be short lived.
The macroeconomic calendar will be quite interesting these upcoming days, with the release of European PMIs, German's ZEW survey and US Durable Goods, but once again, investors won't pay much attention to the world's economic health until pass the UK poll."