Forex News: USD recovered overnight despite a less-than-hawkish testimony from Fed chairman Bernanke and a poor showing on Wall St. Oil's $10 plunge seems to have been the main catalyst for the greenback's better showing although it's still struggling against the JPY as risk aversion continues to favor that low yielder. Wednesday's focus is on US events with CPI, Bernanke part 2 and June's FOMC minutes.
0 comments:
Post a Comment