Dollar Higher As Bernanke Said Inflation 'Too High'

 16.07.2008 22:15   actionforex.com

The dollar rose against its rivals Wednesday supported by plunging crude oil prices and rising stocks. Federal Reserve Chairman Ben S. Bernanke's comments that dollar intervention, although rare, can be justified when markets become disorderly, also supported the greenback. The GBP/USD fell following weak UK labor market data. The USD/CAD...

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