US Dollar FX trader
(Action Economics) - 28-Mar-12 18:51 - The dollar gained broadly in N.Y. trade on Wednesday, as risk appetite faltered.
The boost to equities seen since Bernanke's speech on Monday appears to have run its course. and come unwound to a degree, which was the biggest factor behind the firming dollar.
EUR-USD traded under 1.3300, partially as concerns over Spain start to bubble up again.
USD-JPY was softer as the yen gained from risk aversion, while the dollar bloc gave up ground with falling commodity prices.
On the data front, U.S. durables rebounded but missed expectations.
Thursday will bring weekly jobless claims and the third Q4 GDP report.
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