Forex Technical & Market Analysis FXCC Jul 18 2013

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[b]Forex Technical & Market Analysis FXCC Jul 18 2013

Fed's Bernanke: Asset purchases not 'on a preset course'

According to the prepared text of Chairman Ben Bernanke's speech, to be delivered later today during his Semiannual Monetary Policy Report to the Congress, the pace of the Federal Reserve's bond purchases is not 'on a preset course', as it depends on the current economic and financial situation. The Fed head assured that signs of recovery are visible in the US labor market, but that