Yellen seen resisting pressure to resign if Trump wins election – Chicago Tribune

As per Chicago Tribune report, Federal Reserve Chair Janet Yellen is unlikely to step down should Donal Trump win elections.

Former Fed vice chair Alan Blinder has called the rumors of Yellen stepping down on Trump victory as ‘ridiculous’. He added further that ‘she would never do that’.

Trump has criticized Yellen for keep rates low in order to help0 cement Barack Obama’s legacy.

PBOC sets USD/CNY at 6.7744 vs 6.7690

PBOC sets USD/CNY at 6.7744 vs 6.7690
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AUD/JPY finds takers around 10-DMA

AUD/JPY cross rebounded from 10-DMA level of 79.22 levels to print a session high of 79.45, thgus suggesting good times lie ahead in the day for risk
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