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Shares gain, euro weak after Fed’s mixed signals

LONDON (Reuters) – European shares edged up but the euro eased on Wednesday after testimony from U.S. Federal Reserve Chairman Ben Bernanke that offered little guidance on whether the central bank was moving closer to new stimulus measures. Bernanke said on Tuesday that economic recovery was being held back by anxiety over Europe's debt crisis and the path of U.S.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , , , ,

Swiss franc ticks down vs dollar, Bernanke in focus

ZURICH: The Swiss franc slipped slightly against the dollar on Wednesday as the euro seesawed against the greenback overnight after Federal Reserve Chairman Ben Bernanke said the central bank is ready to support the US economy if needed.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , , , ,

U.S. dollar staged a roller coaster market concern Bernanke House …

Federal Reserve Chairman Ben Bernanke in Senate testimony on the economic assessment is more pessimistic, but does not imply a new round of.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , ,