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

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

Dollar to a …