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(U1) Trend Conditions Remain Bullish


Most Asia EM FX Higher As Greenback Retreats


Struggling To Make A Decisive Move


Risk Aversion Bolsters Yen


No Immediate Reaction To 40s Auction

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Fed Chair Powell Answers Questions During House Panel Hearing

  • *Powell: Fed Will Wait for Actual Inflation as Trigger for a Rate Rise (DJ)
  • *Powell: Rising Income Inequality Holds Back US Economy (DJ)
  • *Powell: Best Way For Fed To Ease Inequality Is Focus On Jobs (BBG)
  • *Powell: Pandemic Inflation Impacts Have Been Bigger Than Expected
  • *Powell: Fed Will Act If Inflation Stays Too High
  • US Dollar continuing its gradual slide with EURUSD and GBPUSD making fresh highs. NZDUSD a notable performer on Tuesday (+0.56%) now trading above Friday's highs, approaching the 200-day MA at 0.7046.