U.S. Tens Test 3% Yield as Job Clouds Gather

Investors are starting to get a better understanding of the irritation Fed Chief Bernanke publicly displayed in November following the FOMC's decision to launch phase two of its quantitative easing plan. Mr. Bernanke appeared to be on the defensive when quizzed about the need to bring intervention in the government

Source: ActionForexall Rss Feed

Forex: Euro Correction To Gather Pace As ECB Delays Exit Strategy, All Eyes On U.S. Non-Farm Payrolls

The Euro sold off during the press conference with European Central Bank President Jean-Claude Trichet, and the near-term correction in the single-currency may gather pace going into the end of the week as the central bank softens its hawkish outlook for monetary policy.

Forex: U.S. Dollar Rally To Gather Pace, Euro Searches For Support

The U.S. dollar rallied against its major counterparts on Wednesday as fears surrounding the European sovereign debt crisis weighed on market sentiment, and the greenback may continue to appreciate going into the North American trade as investors scale back their appetite for risk.