Fed chair Jerome Powell inspired a fresh round of Dollar selloff which his Jackson Hole speech, which carries on to today. Stronger than expected personal income and spending, as well as core inflation reading provide little support. Though, for now, the decline appears to be mainly centered against commodity currencies, in particular Aussie and Kiwi. […]
The post Dollar Shrugs Income and Spending Report, Selloff Continues appeared first on Action Forex.
