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US Bank Chief Dampens Mood

U.S. Dollar Trading (USD)

U.S. Dollar Trading (USD) risk was taken off the table as the market reacted to Fed Chief Bernanke’s comments the US recovery was ‘unusually uncertain’. Stocks fell back and the Yen strengthened as the safe haven of choice. In US stocks, DJIA -109 points closing at 10120, S&P -13 points closing at 1069 and NASDAQ -35 points closing at 2187. Looking ahead, Ben Bernanke Speaks before Congress.

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