The Fed’s general mood was a bit less despondent than lats time, helping give the dollar a modest lift as the odds of immediate QE3 is downplayed. But the opera’s never over until the bald, bearded guy sings, and he is still warming up.
Bernanke’s press conference begins in 90 minutes, so don’t get too bulled up on the dollar just yet. The man is a dove’s dove…
