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Fed Chairman Bernanke Speaks
At 17:30 (gtm-0) there will be a "Fed Chairman Bernanke Speaks".
Due to deliver a speech titled "Five Questions about the Federal Reserve and Monetary Policy" at the Economic Club of Indiana, in Indianapolis. Audience questions expected.
As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
More hawkish than expected = Good for currency.
"Speaks" can hitch the prices!
We do not vouche a responsibility for the losses!