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[VIDEO] Bernanke on 60 Minutes Lifts U.S. Dollar

From learningmarkets.com

After sliding during the last three trading days of last week, the U.S. dollar (USD) is starting off this week with a bullish bang -- thanks in large part to the TV news program 60 Minutes. Federal Reserve Chairman Ben Bernanke appeared on 60 Minutes on Sunday and said that a return to a recession in the U.S. “doesn’t seem likely.” He also said that it is “certainly possible” that the Fed would need to and be willing to step in and do more for the U.S. economy even after it has injected the full $600 billion allocated in the QE2 package. These comments have led to increased purchased of U.S. Treasuries -- which has ... (full story)

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