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Were you too quick to dump the dollar?
The dollar's down this Thursday but was it oversold after comments by the Fed Chairman late Wednesday? Ben Bernanke indicated the Fed wouldn't be rushing to end its bond buying programme in the US.
Saxo Bank Forex traders witnessed that sell of in Asia earlier. But an "aggressive normalisation" is happening, they say. In fact some people are said to be licking their wounds after the sharp sell off earlier in the day.
Bernanke said the Fed would go on with its QE programme while inflation remained low and the unemployment rate is relatively high.
00:52 minutes
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