Fed Chair Powell stuck with his bias for a rate cut outlook in his Wednesday testimony, which helped to prop up the stock market and inspire currency demand against the Buck.
Fed Chair Powell stuck with his bias for a rate cut outlook in his Wednesday testimony, which helped to prop up the stock market and inspire currency demand against the Buck. Looking at the calendar for the remainder of the day, we’ve got German factory orders, the ECB policy decision, Canada trade, US trade, US initial jobless claims, and more Fed Chair Powell testimony.
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