US Dollar May Rise on Economic Data Flow, Powell Testimony – DailyFX

US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar battered after Powell comment sinks 2019 rate hike bets Markets overreacted, but a policy pivot does look to be in progress Incoming data, Fed testimony may revive robust tightening outlook Gain confidence in your US Dollar trading strategy with our free guide! The past week proved to be…

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Dollar remains steady after US jobs data, focus on yuan

LONDON (Reuters) – The dollar rose on Monday, building on two consecutive weeks of gains, as investors bet that trade war rhetoric and a strong U.S. economy would continue to drive the currency higher. FILE PHOTO: U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo Against…

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Dollar holds breath before Fed outcome

LONDON (Reuters) – The dollar held firm on Wednesday and hit a three-week high against the Japanese yen before a U.S. Federal Reserve policy announcement that investors will scan for clues on how many more rate hikes there will be this year. U.S. dollars and other world currencies lie in a charity receptacle at Pearson…

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