US dollar dented by Fed Powell’s comments
The US dollar weakened in line with US Treasury yields yesterday after comments from Federal Reserve chair Jerome Powell improved market sentiment.
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The US dollar weakened in line with US Treasury yields yesterday after comments from Federal Reserve chair Jerome Powell improved market sentiment.
The US dollar got off to a solid start this week, recouping a good portion of Friday’s losses in response to rising US Treasury yields.
The euro spent much of last week on the defensive, as a strengthening of the US dollar weighed heavily on the US dollar as a result of the strong nega
The US dollar ticked lower on Friday, after the latest US non-farm payroll figures printed well below expectations.
The US dollar trended broadly higher on Thursday as the currency was underpinned by expectations the Federal Reserve could hike interest rates in the
The euro strengthened on Wednesday, underpinned by some hawkish remarks from a European Central Bank (ECB) policymaker.
The pound maintained a positive trajectory on Tuesday after Boris Johnson ruled out any further tightening of Covid restrictions in England.
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