November 17, 2009
Asian-Pacific Nations and Bernanke Comments Drive U.S. Dollar Lower
The U.S. Dollar finished lower against all major currencies today. The down move was triggered by comments from high ranking individuals including Fed Chairman Bernanke and a
Chinese
banking official.
Federal Reserve Chairman Bernanke said late Monday morning that the Fed is likely to keep interest rates exceptionally low for “an extended period.” These three words helped push
the
Dollar to a …
