Buck May Stop in Harvard as Fed’s Yellen Readies Speech: Chart

Fed Won't Raise Rates in June, Here's Why

Whither the dollar? Currency traders are taking a wait-and-see approach on buying into the greenback’s best month in more than a year as Federal Reserve Chair Janet Yellen is set to deliver a speech Friday in Cambridge, Massachusetts. The way Fabian Eliasson, head of U.S. corporate foreign-exchange sales in New York at Mizuho Financial Group Inc., views it: “I don’t think you’re going to get any policy direction out of Yellen’s speech.”

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