Yellen Gives No Hints In Timing , USD Weaker

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Despite Fed Chair Yellens slightly dovish testimony FX markets were broadly unchanged. EURUSD gained slightly to 1.1350 while GBPUSD rose to 1.5475. AUDUSD climbed to 0.7877 on the back of stronger China PMI manufacturing. NZDUSD firmed around 0.7530. Asia equity markets were broadly higher. The Nikkei rose 0.10%, Kospi up



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