Bernanke Teams With Asian Banks To Rescue The Cratering Dollar
Joe Weisenthal|Oct. 9,2009,6:21AM
The "Asian Ambush" and some surprise words from Ben Bernanke could have stock and gold inbestors in for some pre-weekend hurt.
The dollar surged 1.2% overnight, following a surprise intervention from Asian governments to weaken their currencies, and some fresh comments from Bernanke that loose money can't go on forever, and that once the economy improves, the tightening will have to commence.