U.S. Federal Reserve Chairman Ben Bernanke

U.S. Federal Reserve chairman Ben Bernanke: The S P/TSX composite index ran up 186.33 points to 12,493.26, pushing the TSX back into positive territory for the year, albeit only by 60 points or 0.5 per cent, according to The Star. The greenback weakened sharply following Bernankes comments and the Canadian dollar surged 1.21 cents to 96.29 cents U.S. after hitting an intraday high of 96.43 cents U.S. and The Toronto stock market and the loonie were sharply higher Thursday after U.S. Federal Reserve chairman Ben Bernanke offered reassurances that a key stimulus measure that has helped global markets rebound this year isnt going away any time soon. Bernanke said in a speech after markets closed Wednesday that the U.S. economy still needs help from the central banks low interest rate policies because unemployment remains high and inflation is below the Feds target. (www.immigrantscanada.com). As reported in the news.