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Ex-Fed Chair Yellen: Rate cuts, hikes both possible - WSJ

Former Federal Reserve Chairwoman Janet Yellen said that she lacks clarity on what the next Fed move on rates will be, in an interview with CNBC on Wednesday, the Wall Street Journal (WSJ) reports.

Key Comments:

Rate cuts, hikes both possible.

 Expects the economy to slow this year.

Expects the job market to stay strong amid low inflation.

JP Morgan: Beef up risk positions and unwind hedges - Bloomberg

Fed's decisive dovish shift has raised prospects of 2019 being an asset-reflation year, JPMorgan strategists led by London-based Nikolaos Panigirtzogl
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USD/INR Technical Analysis: 100-day MA is key resistance

The USD/INR pair closed at 71.44 on Feb. 1, confirming a bull flag breakout. The 100-day moving average (MA), however, has put the brakes on the post-
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