Dollar Up Sharply

Dollar is Up sharply as market looks to Bernake testinomy tommorrowThe Markets eyes and ears will be tuned in to FED CHAIRMAN Bernakes Semi-Annual report on US Monetary Policy for clues on US Interest rate intentions ahead.By the time bernake gets to speak he should have seen the latest US CPI inflation report and he will probably not like what he sees.Lets check tommorrowThis is all OVER REACTING. MARKET IS JUST OVER REACTING, Could be people closing all there positions quickly for tommorrows Main event.If Gold/Silver is Considered to be Bought Heavily during Crisis/Tensions, it should have been bought right now heavily, There are various crisis/mid-east ternsions, that shall consider it to be bought Heavily,But if we see, This week People decided to close all there Positions Starting from Monday, due to getting ready for Bernakes Speech.We feel bernake wont be happy with the data of CPI.