Bernanke says Fed may buy more that $600 bln Treasuries

December 4th, 2010 | Tags: , , , ,

According to a Bloomberg report. Probably an excerpt from his 60 Minute interview on Sunday…

EUR/USD trades up to 1.3419 on the story and looks set to close above the downtrend in place for the last month. 1.3470 is a key area of resistance come Monday.

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  1. TomSchultz
    December 4th, 2010 at 18:43
    Reply | Quote | #1

    The Bernank will stand firm. I have not the slightest doubt. Not only will he take care that the punch bowl never gets empty, he may even get us some Spanish fly.

    ‘Fear the boom and bust’
    http://www.youtube.com/watch?v=d0nERTFo-Sk

  2. Siva
    December 4th, 2010 at 19:31
    Reply | Quote | #2

    More of QE? QE3?

  3. johnr
    December 4th, 2010 at 20:20
    Reply | Quote | #3

    Sunday’s story hits on Friday nerves?