Entries Categorized as 'dollar reversal'

How Far Can Dollar Rise on Bernanke Comments?

Date November 17, 2009

Bernanke’s support for the U.S. dollar and Federal Reserve President Lacker’s comment this morning that the central bank is paying close attention to the value of the greenback has driven the buck higher against all major currencies. The last time Bernanke surprised the market with a comment on currencies was back in June 2008. [...]