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Daily Forex Commentary February 22, 2010
02/22/10 by Brewer Futures Group
Filed under Commentary
February 22, 2010
Dollar Finishes Mixed in Lifeless Trade; Bernanke Key to Direction
The U.S. Dollar traded mixed in a tight and narrow range. The trade weighted Dollar Index finished slightly lower after confirming last Friday’s closing price reversal top.
The lack of major U.S. economic reports on Monday helped hold the Forex markets in a tight range as investors awaited testimony later in the week from Fed Chairman Bernanke. His
comments should move the markets especially if they come after a few days of range bound, …
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