U.S. Dollar Rises on Bernanke’s Cut Signaling

U.S. dollar ended this week on a rising edge against euro, pound and yen after Fed‘s Chairman Ben Bernanke joined Donald Kohn in his hinting the markets, that next interest rates cut will be most probably made during FOMC‘s December 11 meeting. Bernanke spoke yesterday at the presentation of the Citizen of the Carolinas Award in Charlotte Chamber of Commerce, Charlotte, North Carolina. The main idea of his speech can … “U.S. Dollar Rises on Bernanke’s Cut Signaling”

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