[14:05 EUR/USD: Bernanke Far More Dovish Than Expected] Boston, July 19. The USD has fallen sharply in the wake of dovish opening remarks from Bernanke. He says inflation expectations are contained and that "we must keep past rate hikes in mind". He also referenced lower stock prices as likely to trim consumption. An August hike is now less of a done deal than though just a few moments ago. Stops above 1.2510 have been triggered taking EUR/USD to 1.2545 on a spike. Medium-term longs may look to re-establish positions after many were stopped out on the probe to 1.2457 this morning. [email protected] /rs

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