DailyFX: "Bernanke put a significant damper on expectations that the Federal Open Market Committee (FOMC) would “taper” its Quantitative Easing measures through its upcoming meetings, and the result was enough to force the Dollar lower across the board. Stock markets likewise breathed a sigh of relief and traders were happy to send the S&P 500 to fresh record peaks. A broader lull in volatility suggests we could see further Dollar weakness and S&P gains through the weeks ahead."
Full story
