Sizzling US data A record high in the Richmond Fed and the best reading in 17 years on consumer confidence is a good reason to buy the US dollar. That's exactly what happened as USD/JPY climbed to 111.47 after the headlines. USD/CAD also rose above 1.28, cable hit a session low and EUR/USD dipped below 1.1875.
US dollar climbs to the best levels of the day as Powell begins testimony
US dollar climbs to the best levels of the day as Powell begins testimony
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