Daily Video Recap (8/15): Greenback Rebounds After Bernanke

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,753
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 15, 2010

Bernanke reiterated what we already know, that quantitative easing is coming, but he didn't offer new specifics. The Dollar fell following his speech, but then rebounded in NY trading on profit taking and some risk aversion in US stocks. We leave this week with the Dollar near parity against the Australian and Canadian Dollars, and near multi-month lows vs the Pound and Euro.

News Provided by CMS Forex
http://www.cmsforex.com
Forex Market Analyst: Nick Nasad

  • likes, 1 dislikes

Link to this comment:

Share to:
see all

All Comments (4)

Sign In or Sign Up now to post a comment!
  • Core inflation excludes food and energy, I wish my monthly budget could exclude food and energy. It's like finding out how much weight you will gain out of eating a chocolate cake by not counting the sugar content because its volatile. =)

  • Nick, enjoy your weekend! ;-)

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more