FX Radio: US Fed's Bernanke Commentary Status Quo, Euro and Aussie Await Central Bank

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Key Points

  • US Fed Chairman Bernanke repeats usual comments on housing sector, economic growth

  • AUD/USD awaits RBA decision at 19:30 GMT, 1Q GDP at 21:30 GMT

  • ECB widely expected to hike to 4.00% at 11:45 GMT on Wednesday, but EUR/USD price action depends upon ECB President Trichet’s commentary at 12:30 GMT