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Ammon – The dollar fell Tuesday as a result of testimony from US Federal Reserve Chairman Jerome Powell, who will be followed by traders on how to raise US interest rates and the risks of trade conflicts
. Economic and Monetary Committee at the Senate Banking Committee at 1400 GMT Tuesday
It should convey a message of optimism about growth prospects and puts the spotlight on the central monetary tightening policy adopted by the Center, but can face difficult questions p
At 7:45 GMT, the dollar index, which tracks the performance of the greenback versus a basket of six major currencies, fell 0.2% to 94, 37, giving up the slight gains recorded.
The US currency stabilized against its Japanese counterpart at 112.27 yen, having approached earlier in the session a six-month high of 12.780 yen on July 13.
The euro and the pound recorded a limited rise against the currency and the single currency gained 0.2 percent The dollar rose 0.1 percent to $ 0.7428, while the dollar New Zealand gained 0.8 percent to $ 0.6839, its highest level since 0.6835. US dollar on July 11th. (Reuters)
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