The Crisis Seems To Start Forex

Inflationary Expectations Revised USD Bernanke, Fed chairman, will speak this morning the dollar fell, many traders bought and EUROS POUNDS YEN overnight, the USD continued to deteriorate, but improved slightly at the beginning of the trading session in New York. The worldwide stock market improved, as investor confidence returned to the market, thereby affecting the dollar crude also improved, benefiting the Euro in the morning. In the maximums recorded in Europe in the area of 1.3299, the euro, held firm at the start of U.S. trading session in the 1.3120 area. The Cable rallied to record highs in the 1.6674 area in the European session and then back slightly, and again demand for GBP and YEN dominated the evening session. Both pairs are estimated to remain under pressure near term, and the USD is expected to rise to some extent, the crisis appears to begin to wane, improving the USD, I believe, is not sustainable, since the Fed cut rates American, and even more so considering U.S.