Dollar looking for new equilibrium after ‘post-Bernanke’ sell-off.
Yesterday, the dollar tried, until now unconvincingly, to recover from steep overnight losses as Bernanke reiterated that the Fed policy will stay accommodative from long. EUR/USD found a new equilibrium in the 1.30 big figure. More technical trading in the major dollar cross rates might be on the cards today.
Read the full report: FX Daily
KBC