Welcome to the Traders Laboratory Forums.
Old

Fed Chairman's Testimony Spooks Markets

Posted 07-22-2010 at 09:51 AM by DailyFX

Cautious language from Federal Reserve Chairman Bernanke sent risk sentiment reeling on Wednesday. While US rate hike expectations continue to deteriorate, markets are pricing in significant monetary tightening elsewhere, with the US Dollar caught between the opposing forces of risk aversion and a lackluster yield profile.



United States Federal...
Posted in Uncategorized
Views 283 Comments 0 DailyFX is offline
All times are GMT -4. The time now is 08:22 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.