Bernanke’s and Paulson’s testimonies |
|
Going on with all the crisis ambient that has reigned over the markets on the last weeks, two of today's most important events were US Treasury Secretary's Henry M. Paulson, and Fed's Chairman Ben Bernanke testimonies before Sennate Committee. They spoke about the latest developments on the credit crisis and the state of the U.S. financial markets. It indicates a sign of new fiscal policy. Both of them have followed a very similar discourse. On one hand Paulson said that "over these past days, Read More...
Filed under: Fundamental
Latest Posts
- Currency Technical Report
- Crude oil drops as U.S. inventories grow
- Majors’s sentiment for today
- Starting the day
- The British pound may rise above 1.55 says Citigroup
- EUR/USD
- Action Bias Summary Table
- Government Panic Could Herald Dollar Panic
- 15pips GBPAUD Mission Accomplished
- Support, Resistance and Range Forecast
- Forex Market Outlook on Minors/Crosses
- Prime Minister of Japan Taro Aso: any sharp dollar decrease is extremely negative for Japan.
- Successful Polish 2-year auction
- US: ADP report points to a 700 000 decline in payrolls
- US Treasuries cannot profit from disconcenting employment figures