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Ben Bernanke Urges Congress to Quick Action

Bernanke testimony helps urge U.S. dollar a little higherAfter being down earlier today, the U.S. dollar is rising for the first duration in days against the euro in forex trading. As Ben Bernanke urges Congress to quick action, there is hope that a bailout deal will be reached soon, and that is providing some confidence for the U.S. economy and for the greenback.

Another

helpful item is the retreat of oil prices. After spiking a record amount yesterday, things have cooled off a bit and oil prices have backed down.

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Original post by Eric J. Fox

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