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Market analysis: Hawkish Powell stops the decline of the US index and "sells the United States" atmosphere still exists
The recent dollar sell-off paused as investors weighed in on the latest U.S. trade developments and comments from Federal Reserve Chairperson Jerome Powell. Trump said there had been "significant progress" in trade talks with Japan. Powell warned that tariffs could lead to higher inflation and said the Fed's obligation was to keep long-term inflation expectations "good and stable." Michael Brown, strategist at Pepperstone, said the dollar still faced further declines as a "general US sell-off at...
2025-04-17 07:03:03
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