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iFOREX Daily-May 22, 2013
The U.S. Dollar rallied against the majority of its trading peers despite a lack of U.S. economic data, as investors await the Federal Reserve Chairman Ben Bernanke’s testimony on the country’s economic outlook before Congress, set later for today. The ...
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Articles
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Bullard’s Remarks Impact The Market
The U.S. Dollar weakened against the Euro as the President of the Federal Reserve Bank of St. Louis, James Bullard, suggested that policy makers ought to continue with the asset purchasing program in order to bolster economic growth. His comments also prompted the greenback to pare gains against the Yen. Meanwhile, Forex market investors looked [...] ...
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