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Forex in 60 Seconds - US Dollar Recovers From Record Low As Bernanke Remains Hawkish, Paulson Supports GSEs

Tuesday, 15 July 2008 20:48:10 GMT

Written by Terri Belkas, Currency Analyst

 ·          Euro hits fresh record, British Pound jumps above 2.00 on drop in global equities overnight
 ·          Commentary by Bernanke, Paulson help the US dollar recover during the US trading session

Stories to watch on DailyFX

·          Fed Chairman Bernanke, Treasury Secretary Paulson express support for Freddie Mac and Fannie May - will throwing money around work?
·          Will the pluge in the Japanese yen crosses continue? Find out in Technical Strategist Jamie Saettele's weekly report.

Send any comments or questions to tbelkas@dailyfx.com

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