US Dollar Performance During Jerome Powell's Testimony
Wednesday, 10 July 2024, 16:43
US Dollar Performance Overview
The US Dollar saw a slight decline during Jerome Powell's testimony.
Key Points:
- Jerome Powell's Cautious Stance: The Federal Reserve Chair's remarks influenced market sentiment.
- Minor Downturns: The DXY index showed a slight decrease, falling to 105.00.
In conclusion, the US Dollar exhibited a modest weakening trend following Powell's testimony.
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.