Dollar Rebounds From Lows as Fed Ups Growth Outlook, Signals Low Rates to Continue COVID19 Economy

Dollar on defensive, eyes on Powell amid negative rates debate

By Administrator_India Capital Sands The dollar was on the defensive against its rivals on Wednesday as traders looked to Federal Reserve Chairman Jerome Powell’s speech amid rising speculation the United States could one day adopt negative interest rates. Risk-sensitive currencies lacked momentum as a warning from a top U.S. health official about the dangers of […]