Market participants were expecting the results of the press-conference with the ECB President.
The speech of Bernanke inspired the markets. The Euro showed moderate growth.
Asian and European trading sessions:
Market review for 26 – 30. 09, 2011 Europe and its debt problems were keeping everyone under pressure last trading week. The
Euro strengthened after the German Parliament accepted changes in the EFSF.
Concerns over the situation in Europe are growing.
Willingness to take risks is back.
Market review for 19 – 23. 09, 2011
Greenback strengthened against the major currencies.
Investors are waiting for the results of the FOMC meeting.