USD/JPY is stuck in a 92.25/45 range this afternoon, to be generous while EUR/USD has found a home around the 1.3950 level…
Just crossing the wires are comments from Tim Geithner: He reiterates the strong dollar policy and says Bernanke is excellent, doing a great job and deervices a lot of confidence…Sounds like a pretty solid endorsement from the former NY Fed president. Bernanke is in play as his term ends in January of next year. China currency proposals are not a worry, Geithner says.