The Dollar was weaker overnight as it consolidated its gains from yesterday’s session. Risk appetite rose briefly in NY morning trading as Bernanke testimony to Congress showed that the Fed will continue to prop up the recovery with low interest rates. However, the Dollar managed to pair its NY session losses vs. the Euro and other in afternoon NY trading.

Add Your Comment

 

You need to log in to vote

The blog owner requires users to be logged in to be able to vote for this post.

Alternatively, if you do not have an account yet you can create one here.

Powered by Vote It Up