Friday, August 26, 2011

8/26 Forex Update

No new signals on 14 major currency pairs following the release of Fed Chairman Ben Bernanke's Jackson Hole, Wyo., speech. The news lay in what Bernanke didn't say. He didn't announce a third round of quantitative easing to stop the economy from falling anew into recession. (Of course, he didn't rule QE3 out, either.)

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