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  • December 22, 2024
  • 1 second ago

US Dollar subdued As Powell is set to testify what forex traders should expect ?

U.S. dollar begins the week on the back foot as risk assets leap higher

All eyes are on the Fed’s Semiannual Monetary Policy Report to Congress
Powell is expected to appear before Congress on Tuesday and Wednesday. If the central bank's chief embraces a hawkish stance, the dollar is likely to resume its recovery