London (AFP) - the dollar traded mixed, and global markets mainly remote fellows on Wednesday as comments by Federal Reserve Chairman Ben Bernanke and German data underlined the fragility of the global economy.
The dollar against the euro but slipped against the yen in London trading.
The euro fell to $1.4656 in London in exchange of $1.4688 at New York on Tuesday. Against the Japanese currency, the dollar has fallen to 79.86 hollow Tuesday yen.
In trade in the stock market, benchmark FTSE 100 in London fell by 0.91% to 5,810.88 points, DAX 30 Frankfurt hangar 1.16% to 7,022.44 points and in Paris the CAC 40 index lost 0.96% to 3,837.31 near the mark to Midway.
"All the hits so far this morning have a muted response to the comments of Bernanke, yesterday evening reflecting fairness and the weakness of the products and the strength of the dollar," said analyst Simon Denham capital spreads trading group.
Gold prices slid to $1,537 ounces $ 1 545 Tuesday. Asian stocks closed mostly lower that concerns about the State of the global economy has reached the confidence, but a rally end saw the Nikkei finished the day in positive territory, said traders.
Oil futures also fell as a divided OPEC considered to boost supplies in a move aimed at reviving global economic growth low but which returned lower risks for energy producing nations.
On Tuesday, Bernanke warned that there was a "loss of momentum" in the already lukewarm us jobs market.
Two years after a slow recovery and largely unemployed, Bernanke said that employment and growth would eventually pick up, but a recent soft patch was carefully monitored and that stimulating policies were still necessary.
US stock market has waived all their gains Tuesday after comments from the Director of the reserve which came just 15 minutes before the closing bell.
A floating day became the fifth losing session in a row after Bernanke said to an audience that the low housing sector retain recovery and that job creation was in a recession "from normal".
On Wednesday, traders digested as low data Germany European powerhouse. Official figures showed that industrial production slipped 0.6 percent in April from output in March, the first fall since December.
The result was another sign that the largest economy in Europe slows, although economists expect him still increase by at least 3% this year.
During this time the trade between the Germany and the rest of the world collapsed in April, separate data showed underlying forecasts for a slowdown in global activity in the middle of the year.
German exports fell by 5.5% compared to the previous month while imports decreased by 2.5%, the national statistical office, said in a news release.
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