Forex Trading - Greenback Rebounds from 6-Week Low
The U.S Dollar rose against most other major currencies Tuesday, as comments by Ben Bernanke eased concerns that policy-makers won't act decisively to head off inflation spawned by efforts to counter the credit crisis. The Federal Reserve Board chairman's testimony was favorable for the USD, as his assessment on the U.S. economy revived the greenback's safe-haven appeal. Economic News USD - Dollar Rises on Increased Risk Aversion The U.S. Dollar rebounded while U.S. stocks retreated yesterday
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