Analysis

Fed Chair Comments Fuel Turnaround in FX

US Dollar sells off as Powell signals more cuts. Key standouts on the Thursday calendar include German inflation data, an ECB Coeure speech, the ECB Minutes, BOE financial stability report, US inflation readings, US initial jobless claims, more Powell testimony, and Fed speak from Williams, Bostic, Barkin, Quarles and Kashkari.

5 Day Performance vs. US dollar

 

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