Yesterday the USD saw bullish momentum against all of its currency pairs. The USD's value was boosted by Fed Chairman, Bernake's hawkish speech and the better than expected Factory Orders, which were released at 1.1% compared with the 0% forecast. Against the EUR, the USD's positive trend caused the pair to cross the 1.5500 range and trade at around 1.5450 after Bernake's speech. In Bernake's speech held yesterday at the International Monetary Conference in Barcelona, he mentioned the greenback's negative trend in the Forex market. Bernake r... ( read more )