Yep agreed. The only reason Bernanke is so keen to talk higher rates is to support the USD.
But the economy wont cop much more.
If he had his wits about him hed just let the USD fall which would improve the position of US exporters.
7w
Read below, I am a coconut vendor.
Coming up next we have Bank of England interest rate announcement tonight and US trade deficit (April) in the US on Friday. Good luck to all getting on time to find some bargains me thinks.
Yep agreed. The only reason Bernanke is so keen to talk higher...
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