Here is the Reuters report FOREX-Dollar drops as Bernanke reinforces easing hopes.
Bernanke's speech is tomorrow. A lot of people who are addicted to free money are expecting him to engage in Third World election politics, and pour more money into financial institutions.
We have another rather difficult couple of months ahead. By signalling willingness to ease, Bernanke deflects blame for President Obama's election defeat.
In that, he acts not like an independent governor of the central bank of the most important country in the world, but like a simple appointed bureaucrat in the Third World.
For background, see "Is there hope for change?"
NB: John Cochrane explains the pitfalls of having the FED act as a central planner in detail. See also his blog post on the issue.