Bernanke Spooks Markets With Strong Dollar Rhetoric

November 16th, 2009 • Related • Filed Under • Print Print • A A A




G10 Advancers and Decliners vs USD
GBP 0.63
JPY 0.22
EUR 0.15
CHF 0.14
Currency markets have been stuck in relatively tight ranges for most of the day as strong equity market performances across Europe and the US negated slightly disappointing economic data releases. Gold took advantage of the positive risk sentiment to power to new highs at $1136.70, a staggering 8.8% gain month-to-date, however in contrast (perhaps highlighting the breakdown in the correlation)…

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