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Ben Bernanke said blank

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Is it any surprise that the markets reacted to U.S. Fed Chairman Ben Bernanke the way it did, by running up the price of the USD? Considering that the American monetary policy chief had eased investor concerns with a declaration to Congress that the money lending policy of about $85 Bn per month would not end abruptly or even begin any time in the immediate future, it seems logical that the markets rose on the greenback, seeing it as a strong safe haven for financial holdings. This editorial cartoon of Ben Bernanke appeared in the options trader news update of July 18, 2013 on the day that business media were making the story a headline. Forecasters have predicted that this latest move by the Fed Chairman may only represent a small consolation for market traders eventually. However, they also indicate that a gradual slowing down of a government stimulus program may help soften the blow of an eventual stop to the practice. The impact of the stimulus has, since its inception, caused great debate over its effectiveness, as there are countless stories of waste and mismanagement which give the impression that the program is a failure. At the same time, supporters of the stimuli programs have claimed that without it, the U.S. economy would be in much worse shape, and by extension, so would the economies of many countries around the world who rely on the world's largest economic power to keep their own economies afloat. Would you predict that the USD will keep rising for a long time or do you see a decline for the dollar coming up around the bend? The ability to predict the answer to that question is one skill which successful online traders use to buy and sell forex currencies using systems like OptionsClick's binary trading platform. This technology enables any investor to conduct trading online, on the go, anywhere, and at any time.
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