USD rises after Bernanke's testimony in U.S. Congress
The pair EUR/USD fell after the statement of the Chairman of the Federal Reserve, Ben S. Bernanke, in the U.S. Congress in the meantime under the brand of 1.3100. Also against most other currencies has seen an increase of the USD after Bernanke's statement. The statement left to a wide scope for further speculation about further action by the Fed in the future monetary policy. Although Bernanke stressed that the Fed's loose monetary policy in the event of an early recovery of the economy and the job market very soon the price could tighten, but at the same time he also stressed that the Fed will maintain its measures remain there as the U.S. economy, the fiscal support need. As an important achievement of the goals he called a Jobless-Rate of 6.5% or less and an inflation rate of 2%.