US Dollar sees volatility during Powell's presser

BY admin admin

The US Dollar (USD), as reflected by the DXY Index, is currently trading at 103.20, experiencing losses as a result of weak data from the Automatic Data Processing (ADP) Employment Change report for January.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Russia Producer Price Index (MoM): -3.1% (December) vs previous -0.1%

Russia Producer Price Index (MoM): -3.1% (December) vs previous -0.1%

Forex

US personal income and spending report coming up next

PCE data due at the bottom of the hour The US consumer is the focus of the day today with a pair of reports — PCE and U Mich sentiment. The PCE report is the main one and it will offer some hard

Forex

US Dollar vs Mexican Peso Outlook: USD/MXN Remains Brittle After Sharp Sell-Off

The Mexican Peso hit its highest level against the US dollar in more than 10-weeks yesterday and in doing so tested an important support level.

Copyright © 2024 | WordPress Theme: Xews Lite