Looks like the comments on the 4th by The Bernanke are signaling more easing, some of the things he said sound fairly delusional, like blaming Europe for why QE isnt working and stating there is no inflation, sounds to me like he is making a case for stimulus. He already has rates held at zero till 2013.
If the dollar can get below the 20dma, this will be quite bullish for stocks and metals, looks like the MACD line is about to cross and the green zone in the histogram is almost gone red. The histogram was receding despite price increase and that is bearish in itself for the UUP.
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