April 7, 2010
Euro Finishes Down but Off Low; Bond Auction Indicates Rates May Remain Low
The Euro finished down but off its session low when traders lightened up positions following dovish comments from Fed Chairman Bernanke and a better than expected 10-Year
Note auction.
Bernanke said that economic conditions are continuing to improve but there are still concerns about weak bank lending and a sluggish housing market. His comments caused
traders to soften their positions in the Dollar which had …
