Bernanke's Optimism Fails to Answer Stimulus Question

Bernanke's Optimism Fails to Answer Stimulus Questions Federal Reserve Chairman Ben Bernanke's comments today may have left some market-watchers disappointed. He informed Congress that the Federal Reserve is monitoring events in Europe and is prepared to take action as needed, although he offered no hints about a possible stimulus. He remained optimistic while stating, "despite economic difficulties in Europe, the demand for exports held up well." After this scheduled announcement, the U.S. dollar terminated the Canadian dollar's sixth day high streak as it strengthened. One of our Forex analysts, Mark Maldonado, created this chart illustrating the opportunity news-conscious traders had to capture more than 50 pips. Understanding announcements such as these prepares you to make educated, and possibly profitable, trading moves. Learn how MTI's Forex education could refine your currency trading skills and help you seize opportunities like today's. To keep improving your Forex trading skills, attend a LIVE webinar: Register now for an upcoming webinar: Friday, June 8th at 1:15pm ET (GMT-4)  Monday, June 11th at 11:00am ET (GMT-4)  Next Step Financial Holdings is "an authorized seller of Market Traders Institute's products." For the latest on Market Traders Institute, follow them on:     Next Step Financial Holdings, Inc. nextstepfinancialholdings.com An authorized seller of Market Traders Institute's products. International: 407-585-0132 USA & Canada: 866-787-8558 | Fax: 1-407-740-0201 Copyright © 2012 Next Step Financial Holdings, Inc. All Rights Reserved. Our address is 400 Colonial Center Parkway, Suite 350, Lake Mary, Florida, 32746, United States of America Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results.  Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any statements regarding income, whether expressed or implied, do NOT represent a guarantee.  No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.  Any opinions, news, research, analysis, prices, or other information contained in this e-mail or promotional material is provided as general market commentary, for educational purposes only, and does not constitute investment advice or a solicitation to buy or sell any Forex contract or securities of any type. MTI will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.  Please read our General Disclaimer and our Risk Disclaimer. If you do not wish to receive future e-mail, click here. (You can also send your request to Customer Care at the street address above.)  To ensure that our e-mails reach your inbox, please add email@nextstepfinancialholdings.com to your address book.