Bernanke Upbeat on Rates, Economy
The dollar received a boost following the released text of Fed Chairman Bernanke’s speech to the Economic Club of New York.
FX Consolidates Ahead of Data
The major currency pairs remained confined to narrow trading ranges on Monday ahead of key economic reports due out this week. Tuesday’s US reports consist of the Q4 current account balance and retail sales. The current account deficit is forecasted to increase to $218.0 bln, up from the previous quarter at $195.8 bln. Meanwhile, retail […]