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  • Dollar Dips on PPI, Supported by Fed Powell
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Dollar Dips on PPI, Supported by Fed Powell

Stock Hedges 9 months ago 1 min read

Dollar stays generally soft today so far but weakness is relatively limited. Some selling pressure was seen as poor PPI inflation data. But Fed chair Jerome Powell’s comments on negative interest rates is giving the greenback a slight pop. For now, New Zealand Dollar remains the worst performing one for today after RBNZ’s QE expansion. […]

The post Dollar Dips on PPI, Supported by Fed Powell appeared first on Action Forex.

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