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Saturday, 1 September 2012

DailyFX - Forex Market News: Fed Indicates Willingness to Help Economy; NFPs Crucial for USD

DailyFX - Forex Market News
Forex Market News
Fed Indicates Willingness to Help Economy; NFPs Crucial for USD
Sep 1st 2012, 01:46

Largely speaking, the majority of the US Dollar’s losses came on Friday, following Federal Reserve Chairman Ben Bernanke’s speech on the history and effectiveness of monetary policy at the Jackson Hole Economic Policy Symposium. And given the framework that the world’s most powerful central banker laid out, we must adorn the US Dollar with an outlook of neutral in the coming days.

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