Investing.com - The U.S. dollar has seen demand in early European trade Thursday, as risk aversion reigned on the back of Federal Reserve Chairman Jerome Powell's sobering outlook for U.S. economic growth and his ruling out of negative interest rates.
Investing.com - The U.S. dollar was marginally higher in early European trade Wednesday, ahead of an eagerly-anticipated speech by Federal Reserve Chairman Jerome Powell later in the day. At 2:50 AM ET (0650 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.972, up 0.02%, while EUR/USD rose 0.03% to 1.0850. GBP/USD pushed 0.3% higher to 1.2297, and USD/JPY gained 0.03% to 107.16. Powell will speak as a guest ...
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