EUR/USD Daily Chart
The Euro received two significant boosts yesterday which at one point resulted in the EUR/USD touching 1.42. The first salvo was yet anti-dollar rhetoric from Fed Member Yellen clearly stating the necessity and desire to keep interest rates low – indeed he even went so far as to say: “we should want to do more. If we were not at zero, we would be lowering the funds rate” Next the Chinese weighed in with comments surrounding the reserve status of the US Dollar and their wish to have this