USD rally may have peaked – Bernanke

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - As Bloomberg report, former Fed chairman Ben Bernanke believes the USD rally may have peaked.

    "Much of the appreciation in the US $ may have already happened. We may not see much more", Bernanke said.

    Key Quotes on China

    “One of my concerns is that the PBOC hasn't been as transparent as they usually are, if they want to tie the yuan to a currency basket why don't they say that"

    “You can't continue to grow by 10% a year building new dams"

    “China has no choice but to shift its growth model”

    “Overall slowdown doesn't look to be so severe to really threaten the global economy at this point"

    “Correlation between global markets is higher than between global economies”
    For more information, read our latest forex news.

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