Market Awaits Bernanke's Testimony on Future Monetary Policy

The Dollar continued to drop against the Euro yesterday, mainly due to speculations regarding a possible rescue plan for Greece. As a result, crude oil and precious metal rose as well. However, today at 15:00 GMT Fed Chairman Bernanke is expected to deliver a speech, on which he will most likely refer to the Fed's intentions regarding U.S. monetary policy. Harsh volatility is expected to take place during his speech, and traders are advised to be prepared.