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Market Impact: 0.2
Dollar Pressured as Fed Chair Powell Refrains from Forward Guidance
Source: Nasdaq
Currency & FXMonetary Policy
The dollar index (DXY) fell 0.34% to a two-week low after Fed Chair Jerome Powell offered no guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. The article provides no further detail on the dollar’s outlook or broader market reaction.
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