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The dollar held steady on Friday and was on track for a strong weekly gain after Fed Chair Powell said rates may need to rise further. Powell said policymakers would proceed carefully, but the central bank had not concluded that rates were high enough.
The dollar index was about flat at 104.06 after reaching 104.44, its highest since June 1.
Expectations of higher-for-longer U.S. rates support the dollar, which raises the cost of dollar-priced feed imports for buyers abroad. Uncertainty about the path of rates leaves the currency's direction open.
brecorder.comReuters28 Agu 2023Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
