среда, 14 марта 2012 г.

Dollar up ahead of Bernanke speech

NEW YORK (AP) — The dollar rose in afternoon trading as the stock market fell on worries about the economy and concern that Federal Chairman Ben Bernanke will not lay out further plans on Friday to support markets when he speaks at a conference in Jackson Hole, Wyoming.

A new round of bond-buying by the Fed might boost growth, but it would also weaken the dollar. Last year, when Bernanke talked about support measures for the economy at the same conference, the dollar dropped sharply.

The dollar …

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