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Dollar: Is Bernanke In Denial?

posted by Avatar fx360 772 days ago in USD, Daily

The U.S. dollar sold off against every major currency despite stronger than expected consumer spending in March. Some people have blamed the weakness of the greenback on the rally in equities and the improvement in risk appetite but the sell-off in USD/JPY indicates that the real reason why the dollar is under pressure is because Bernanke refuses
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