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Posts by "montmorency"
678 Posts Total by "montmorency":
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Posts by Anonymous "montmorency":
Hope 1.31xx also achieved (but I know trading is not about hope, etc).
It's looking achievable anyway.
Guesstimate of 1.3150 max.
19:43 BST EUR/USD 1.2755-1.2756.
I guess he said something unexpected.
http://www.bloomberg.com/news/2010-07-21/bernanke-says-fed-is-prepared-to-act-as-needed-to-aid-u-s-economic-growth.html
"Bernanke Says Fed Prepared to Act as Needed to Aid U.S. Growth"
"Bernanke didnt elaborate on steps the Fed might take as he affirmed the Feds policy of keeping rates low for an extended period.
Also mentioned lower inflation.
hmm.
Any ideas why?
"'Crisis? What crisis?' says euro architect"
Fallen back & seems to be consolidating around 1.3007 for now. (~0745 BST)