Morning FX Market Commentary

Dollar enters calmer waters after post-Bernanke sell-off.

On Friday, EUR/USD hovered in the 1.30 big figure. The dollar was not able to start a big comeback. Even a downgrade of France by Fitch failed to push EUR/USD below 1.30. This week, dollar traders will (again) keep a close eye on Bernanke as he testifies before Congress. UK markets will look out for the Minutes of the first’ Carney meeting’ of the BOE.

Read the full report: FX Daily



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