The dollar was recovering during Asian trading on Friday (October 9th) after Federal Reserve chairman Ben Bernanke declared that monetary policy would need to be tightened as recovery takes hold.On Thursday, the dollar had fallen to a 14-month low against a basket of currencies tracked by Reuters, but Mr Bernanke's comments encouraged forex traders to cover short positions on the dollar."Bernanke's comments suggest he does not like the dollar sliding against the euro," said Hideki Amikura, deputy general manager of the forex section at Nomura Trust Bank in Tokyo, speaking to the news agency.Meanwhile, a trader at a Japanese trust bank added that the correction in the dollar could be deeper if assets such as gold were to move lower.However, Shuji Sugata, a manager at Mitsubishi Corp Futures & Securities' research team, told Reuters that the precious metal's uptrend will remain intact, despite pressure from the stronger dollar.