Bernanke Live Testimony

what he said

thank you
was looking for it

I am listening to their every single damn words... not any negative(s) till now...

Lol sounds like they will justify QE with the employment numbers

Such a b...it ..but USD down and down! nice...

whats he saying????????????????????????????????????????????

last weak us data is poztive so usd up up uppppppppppp

No matter what he says... USD remain down for today

yes! sell EU maybe.

yes i knw bcz Bernanke Bernanke bad policy

anyone trade xag/usd

Yep my very favorite pair

how know what he said that euro/usd going up?

-bernanke says fed is concerned that there has been a modest increase in the sustainable rate of u.s. Unemployment

rtrs-bernanke says recovery in manufacturing sector has been encouraging, has led broader recovery

that is a good news for us and usd but i dont know why pair going up!!!!!!

neither do i... i think eu should go down, not up, why???

because Bernanke only repeated what he said last week

meaning market doesn't care about what he said???

usd creation makes eu, gu, xag/u go up

it's because Bernanke wants to keep the Dollar weak.puts people in jobs and us is happy about that.

no it's because the market WANT a QE3

no, it's because the market wants Benanke to shave his beard so he can have hair on his head

It seems little bit strange for me why this person confirmed for a second term in the row as FED Chairman. Every time he speaks - market reacts negative. His words cost fortune for the US economy. Look @ today's Crude oil for instance.

yes business confidence is important => go QE3!

it's because MASTER ALGO is gone out of synchro with fundamentals

-bernanke says consumer confidence surveys show people don't expect their incomes to grow, that hurts housing sector

rtrs-bernanke says a major disruption that sends oil prices up very substantially could stop the recovery

GOOD NEW FOR USD haha ,it will go down and go down, ONCE IT CROSS 1.335 then you will touch next level of 1.38 then 1.424 then 1.46, It going to test once again 1.52 in next 2 months

The thing is, HFT algorithms don't waste time listening to Helicopter Ben.

I love Bernie in the hour that he been talking he has sent Gold up 17 dollars , keep it up Bernie , I need to retire early

Say hello to funny money

tips: everytime bernake talks, sell usd..

lol.. US economy not as bad as EU? what's the difference between worst and even worst? Both are still worst.

it's not a coincidence that BB speech collided with Greece taking, although not passed yet, the deal. A fixed - but Euro leaders do not want Euro to be too strong now! Too high, it's shit life for all in Europe, so it needs to devalue it further, but FED is fighting the case against. All in all, Europe is fked!!!

Latest news: Glaxo Has Been Repatriating Cash Out of Euro-Area Banks -CEO Andrew Witty tells reporters

WHy? Becos Europe is fked!!!!

This BS was so scripted... especially then those mofos were repeating eachother time and time again

sweetttt. a nice day for long

okay let's go back to watch for Greece news

What Bernake says matter less than what the market thinks. Price action is a more assured way to approach the market when faced with varied views.

The Fed's position on the economy is murky at best. The Senators ask the same questions in order to access accuracy of the statements made. This is also political maneuvering for the presidency.

There were two very important points made in during the questioning. One was the comment about Schwab's accessment on Bernanke's policies of low interest rates on the economy now and in the long run. Basically, investment capital is leaving the US as a result of near zero interest rate policy. Bernanke denies this, but the truth is Corporations are holding much of their capital overseas as a result of his policies. Most of all manufacturing is done overseas, and with that has gone much of our research and development. While this may all be good for equities at the moment, it is unsustainable to the US as a whole; and if the new tax policies hit the public in 2013, then the economy will see a huge nosedive. This was the second point that was made very clear.

Our debt is not sustainable, and the tax increases will only serve to paralyze any economic activity left in the US by the end of 2012. This should be a very interesting year with the economy and the elections.

Well that was rather satisfying if I may say so
Now I predict some Greek spanner in works scenario as the next development in the next 30 mins or so. Anyone else ?

speeech is very good for gold

Nothing new comes out from Mr Ben, yet the USD is down so much... what moves the market? anyone know?

I believe that the main event for this week should be the press conference from ECB, following the Rate decision. Until Thursday Euro could move a little further upside.

Ok so it took 50 mins as opposed to 30 mins lmao


Greek leaders meeting postponed!
From forexlive.com
Read Full Story at forexlive.com Meeting pushed back until Wednesday. You can’t make this stuff up…Reuters has the headline, citing govt official.

f$$$ Berny!!!

may be only doing game in us and eu

Only playing with global econmics