Currencies: Dollar taking a breather after Bernanke
On Thursday, the dollar came off the highs set after Bernanke’s appearance before Congress. EUR/USD showed resilient despite overall market nervousness. USD/JPY is off the recent highs, hit by the sell-off in Japanese equities. EUR/GBP is holding a tight range in the 0.85 big figure. Today, we look out whether a decent IFO will continue to support the euro.
Click here to read the full report: FX Daily
KBC