Key Highlights of Powell's Testimony and Upcoming Fedspeak on Forex Market
Tuesday, 9 July 2024, 18:53
Forex Today: Market Highlight
In today's forex update, investors focus on Powell's testimony that led to a positive start for the Greenback, pushing the USD Index surpassing 105.00.
Key Points:
- Positive impact: Greenback maintains a constructive beginning for the week.
- Attention on: Upcoming Fedspeak sessions and key US data releases.
Powell's cautious approach in his first testimony shapes market sentiment and influences investor decisions in the forex market moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.