[ad_1]
NEW YORK, NNC – The dollar rallied against the other major currencies at the end of trading on Tuesday as investors digested the first testimony of the Federal Reserve Chairman Jerome Powell in front of the Congress.
said Tuesday in a statement to the US Senate Banking Committee that the economy is at its peak "a few years" when the job market remains strong and inflation remains around the year. target of 2.0% of the Fed.
He also excluded Most badysts interpret Powell's comments as "warmongers", who back the greenback on Tuesday (7/17) trading. The US dollar fell 0.46% to 94.942 at the end of trading
By the end of the year, the euro fell from US $ 1.1713 to US $ 1.11613 in the latest session, and the pound fell to $ 1.3124 from $ 1.332 in the previous session. The Australian dollar fell to 0.7090 USD against 0.7418 USD.
The dollar was bought at 112.84 JPY, more than 112.31 JPY at the previous session. The dollar climbed to CHF 0.9993 from CHF0.9968, and rose to CAD 1.3186 from CAD1.3141, Antara reported.
[ad_2]
Source link
