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Dollar Soft as Markets Await Fed Chair Powell Testimony, Oil Jumps

Dollar stays generally soft in Asian session today as markets await Fed Chair Jerome Powell’s testimony. The topics of inflation and surging treasury yields would be the focuses. For the former, Powell would likely talk down the significance of temporary rise in inflation, and focus on medium term outlook and expectations. Though, yields would be […]

The post Dollar Soft as Markets Await Fed Chair Powell Testimony, Oil Jumps appeared first on Action Forex.

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