Dollar Softer as Fed Powell Points to New Events, But No Downside Breakout
Close-up of a businessman's hand analyzing graph on laptop at workplace
Dollar weakens mildly after the rather uninspiring speech of Fed Chair Jerome Powell. The highly anticipated is slightly on the dovish side as Powell mentioned a number of new “events after July’s rate cut. Though, sell off in the greenback is rather limited. For the week, Sterling remains the strongest one, followed by Dollar and […]
The post Dollar Softer as Fed Powell Points to New Events, But No Downside Breakout appeared first on Action Forex.
