Work that one out. Bernanke says job market is weak and the printer’s still on max and the dollar gets sold. The data confirms and the dollar gets bought.
EUR/USD down to a low of 1.3010 while cable falls back through 1.5100 to 1.5077.
After many years of being in the market my expert analysis at the moment is toss a coin for direction.
In all seriousness it may pay to hit the sidelines for a while until the market sorts itself out.