Dollar Struggles for Momentum Despite Hawkish Fed Powell, Sterling Down after Brief Bounce

<p>Despite Fed Chair Jerome Powell’s firm indications that further monetary tightening is needed, Dollar is struggling find momentum for its near-term rebound. The greenback is yet to break through its weekly high even against the weaker Yen and is primarily bounded within the confines of yesterday’s range, barring its performance against Australian dollar. Meanwhile, Canadian […]</p>
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