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Dollar Gaps Down as Summers Opts Out of Fed Job, FOMC on Tap

Dollar Gaps Down as Summers Opts Out of Fed Job, FOMC on Tap

Ilya Spivak, Head Strategist, APAC

Talking Points:

- US Dollar Gaps Down vs. Majors as Summers Withdraws Fed Chair Bid

- All Eyes on FOMC Policy Meeting, $10-15 Billion Taper of QE Expected

- Bernanke Testimony, Updated Economic Forecasts Key for Price Action

--- Created by Ilya Spivak, Currency Strategist for DailyFX.com

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