USD Trading Outlook (03-05-2011)

The Dollar weakness last week was accelerated by the FED chief Bernanke who spoke at the press conference after the FOMC meeting. In the first Q&amp A session ever post a FOMC session we saw Bernanke temper expectations that the US would change monetary policy soon with low rates expected for an &amp lsquo extended period&amp rsquo and the FED very concerned with the weak employment situation.

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