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Fed's Bernanke speech: No momentary policy remarks

FXstreet.com (Barcelona) - Fed's Chairman Bernanke is giving speech on "Stress Tests Have Improved Resilience Of US Financial System", in which he notes banks are now ‘notably stronger’ and better positioned to manage the risk of limited liquidity.

Bernanke also said the economy remains far from ideal performance. The speech is having no impact on the FX land as no monetary policy hints are given.

Forex: AUD/USD again above 1.0400 ahead of China CPI

Still almost 2 hours to go until China CPI and AU NAB business confidence are released at 01:30 GMT, AUD/USD is last at 1.0415, off London session weekly highs at 1.0424. The pair opened the week in Asia-Pacific with a weak tone yesterday printing weekly lows at 1.0347, but soon found support around the 1.0350 mark and started the recovery till mentioned weekly highs.
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