FOREX-Dollar heads for biggest monthly loss since 2010 ahead of Powell speech ...Middle East

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FOREX-Dollar heads for biggest monthly loss since 2010 ahead of Powell speech
source : Devdiscourse ( Middle East ) () 22
The dollar eased from a one-week high on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell, while optimism over a possible loosening in China's COVID restrictions set it on course for its biggest monthly loss in over 20 years. The euro was one of the better performers, rising by as much as 0.3% ahead of euro zone inflation data that could show the first deceleration since June last year.

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