Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar remains flat as focus shifts to Powell's testimony =============== ...
US Dollar remains flat as focus shifts to Powell's testimony
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#39bf1ea9 ver:1.66
The US Dollar remains flat as focus shifts to Powell's testimony. The DXY Index is stable near 105.00, with the market awaiting Powell's testimony on monetary policy and the US economy. Soft economic data and expectations of a rate cut in September are impacting the US Dollar. The 55-day SMA at 105.16 is the first resistance, while the risk of a nosedive move is increasing. The decisions of the Federal Reserve and quantitative easing/tightening influence the value of the US Dollar. #USD #Powell #monetarypolicy #economy...
#newstr #UsDollar #DxyIndex #FederalReserve #JeromePowell #ForexMarket #NonfarmPayrolls #Nfp #UnemploymentRate #LaborForceParticipationRate #AverageHourlyEarnings #InterestRates #QuantitativeEasing #QuantitativeTightening #RateCuts #Inflation #ConsumerPriceIndex #Cpi #MonetaryPolicy
https://here.news/story/39bf1ea9?ver=1.66
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#39bf1ea9 ver:1.66
The US Dollar remains flat as focus shifts to Powell's testimony. The DXY Index is stable near 105.00, with the market awaiting Powell's testimony on monetary policy and the US economy. Soft economic data and expectations of a rate cut in September are impacting the US Dollar. The 55-day SMA at 105.16 is the first resistance, while the risk of a nosedive move is increasing. The decisions of the Federal Reserve and quantitative easing/tightening influence the value of the US Dollar. #USD #Powell #monetarypolicy #economy...
#newstr #UsDollar #DxyIndex #FederalReserve #JeromePowell #ForexMarket #NonfarmPayrolls #Nfp #UnemploymentRate #LaborForceParticipationRate #AverageHourlyEarnings #InterestRates #QuantitativeEasing #QuantitativeTightening #RateCuts #Inflation #ConsumerPriceIndex #Cpi #MonetaryPolicy
https://here.news/story/39bf1ea9?ver=1.66