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The US dollar index hovers around annual highs near 92.60 before Powell

The DXY records new 2021 highs around 92.60 on Wednesday. Durable goods orders from the US contracted 1.1% month-on-month in February. Chief Powell will testify before...

Rising bond yields reflect a sense of a better economic outlook

FOMC President Jerome Powell is commenting on the response of the Federal Reserve to the coronavirus crisis before the Senate Banking Committee. Featured statements"Fiscal support...

More rises expected above 92.60

The DXY hit new 2021 highs around 92.60 on Wednesday. Additional winnings remain on the cards to exceed 92.60. The dollar gained more traction and pushed...

US Dollar DXY Index Rises and Tests 92.60 Region at New 2021 Highs

The DXY index continues to advance and hits new yearly highs near 92.60. The DXY index challenges the 200-day SMA near 92.50. Powell's testimony, preliminary PMIs...

AUD / USD falls to fresh seven-week lows below 0.7600

AUD / USD extends Tuesday's 1.50% decline, affected by the strength of the USD. Risk aversion remains strong amid concerns about COVID, vaccines and China. All...

Forex Today – Asian Session: The Dollar Gains Again

What you need to know on Wednesday, March 24: The dollar appreciated strongly against most of its rivals, in a mix of risk aversion...