Dollar Bulls Waver as Fed’s Signals Whipsaw Traders

Dollar Bulls Waver as Fed’s Signals Whipsaw Traders

Andrew Harrer/Bloomberg

Even with the dollar rising the most this year of 10 developed-market currencies tracked by Bloomberg Correlation- Weighted Indexes, it dropped on July 11 by the biggest amount since October 2011 after Bernanke said the U.S. economy still requires stimulus.