Bernanke’s inflation focus boosts dollar

Tough talk from Federal Reserve Chairman Ben Bernanke on the need to hold down inflation expectations boosted the U.S. dollar against most major counterparts Tuesday, analysts said.
“The Federal Open Market Committee will strongly resist an erosion of longer-term inflation expectations, as an unanchoring of those expectations would be destabilizing from growth as well as inflation,” Bernanke said in a speech at a conference hosted by the Boston Federal Reserve Bank on Monday night
Marketwatch