Neutral Yellen Support US Dollar in Asia, ANZ Says

2229 GMT [Dow Jones] U.S. Federal Reserve Chairwoman Janet Yellen's Jackson Hole speech over the weekend has the attention of markets in early Asia trading. ANZ said in a note to clients that while it did not signal a definitive Fed policy shift, Yellen's tone was more neutral, and should the U.S. data pulse continue to show improvement, it opens up the possibility that the Fed signals the beginning of policy tightening sooner than the market is currently pricing. This will support the U.S. dollar. (james.glynn@wsj.com; Twitter @JamesGlynnWSJ)
 
(END) Dow Jones Newswires
August 24, 2014 18:29 ET (22:29 GMT)

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