What caused the spike in EUR/USD and S&P at 12:30 ?
- Thread starter puretruth
- Start date
Berny's speech text
He sidestepped the last questions from a former fed governor, but he looked a little queasy..
*BERNANKE: US ECONOMY FACES FORMIDABLE HEADWINDS
*BERNANKE SAYS MOST LIKELY OUTCOME IS `MODERATE' RECOVERY PACE
*BERNANKE SAYS FOMC `STILL LOOKING AT EXTENDED PERIOD'
*BERNANKE SAYS JOB MARKET REMAINS WEAK
*BERNANKE: CREDIT REMAINS TIGHT FOR MANY BORROWERS
Everyone back to shorting USD...
*BERNANKE SAYS MOST LIKELY OUTCOME IS `MODERATE' RECOVERY PACE
*BERNANKE SAYS FOMC `STILL LOOKING AT EXTENDED PERIOD'
*BERNANKE SAYS JOB MARKET REMAINS WEAK
*BERNANKE: CREDIT REMAINS TIGHT FOR MANY BORROWERS
Everyone back to shorting USD...