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Mid-Day Report: ADP Boost Limited by Dovish Bernanke

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 2, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Dollar is lifted by unexpected expansion in ADP private employment report in early US session, but upside is quickly limited by dovish comments from Bernanke. In the testimony on economic outlook, Bernanke warned that the US economy may contract in first half. He said that "it now appears likely that...

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