Archive for April 28th, 2011

US dollar is being crushed

Posted in Economy on April 28th, 2011 by Paul Deng – Be the first to comment

The Fed’s reluctance to change its super easy monetary policy put the US dollar into new low, not seen since early 2008.

dollar 04291 300x180 US dollar is being crushed

Long term trend:

dollar04292 300x180 US dollar is being crushed

Bernanke’s first ever press conference

Posted in Monetary policy on April 28th, 2011 by Paul Deng – Be the first to comment

First ever press conference by a Fed Chairman. From CNBC:

Part 1

Part 2

Comments on Bernanke from some big market players – take note of Bill Gross’ view on inflation expectations.