Tag Archives: Ben Bernanke

Dollar gains after Bernanke announces stimulus stays

The dollar had a very volatile session on Wednesday in the New York trade after a testimony by the Federal Reserve Chairman Ben Bernanke. The Fed Chief said that the currency loose monetary policy and stimulus measures will remain in place for now, though he did hint on some tapering eventually. The Fed currently buys bonds worth $85 billion a month in order to stimulate the US economy....

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May 22, 2013 @ 8:46 pm

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Fed Launches QEX, Says Will Print Money Until Labor Market Improves

The Federal Market Open Committee on its September meeting decided to undertake an open ended Quantitative Easing Program. The Fed launched its newest QE , or QEX as it is being called because of its open ended nature, in addition to keeping operation Twist operational. The Federal Reserve will buy 40 Billion dollars worth of mortgage backed securities every month until they see "sustained...

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September 14, 2012 @ 12:54 pm

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Fed Launches QEX, Says Will Print Money Until Labor Market Improves

The Federal Market Open Committee on its September meeting decided to undertake an open ended Quantitative Easing Program. The Fed launched its newest QE , or QEX as it is being called because of its open ended nature, in addition to keeping operation Twist operational. The Federal Reserve will buy 40 Billion dollars worth of mortgage backed securities every month until they see "sustained...

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September 14, 2012 @ 12:54 pm

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EUR/USD Drops On China PMI Data, Euro Crisis Become More Worse On Spain Worries

EUR/USD Drops On China PMI Data, Euro Crisis Become More Worse On Spain Worries

One more worst day for euro, showed negative movement against dollar on Tuesday, but remained somewhat supported after better than anticipated manufacturing data out of China assisted bolster risk appetite. The more required pair EUR/USD touched 1.2099 during late Asian trade, the session was low; the pair subsequently consolidated at 1.2107, dropped 0.07%. Investor sentiment create support...

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July 24, 2012 @ 8:23 am

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