Guesswork continues
Market participantscontinue to analyze the probability that Fed’s Chairman Bernanke announces tomorrow the beginning of stimulus reduction program of the national economy, which has lasted more than one year and is the third in a series of such measures that the Fed applied since the beginning of the global …
Bernanke may quit the job before the appointed time
Already on Wednesday, Bernanke may announce stimulus reduction. This may be due not only to the improved U.S. economy, but perhaps to the Bernanke’s announcement on Wednesday about his early resignation in December of this year, instead of January 2014. Anyway, …
Preliminary Purchasing Managers Index (PMI) in Germany surpassed forecasts, but the euro / U.S. dollar was unable to regain the ground lost after the very weak French data. After the release of the German PMI, the euro / dollar rose from 1.3745 to 1.3755 area and is now trading at …
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