Forex Today: US Dollar Starts Week Strong

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Risk sentiment has been hit hard by Powell’s hawkish JacksonHole speech last Friday, triggering strong flows out of risk and into the US Dollar. forexnews FederalReserve financialnews

Enter your emailRisk sentiment has been hit hard by Powell’s hawkish Jackson Hole speech last Friday, triggering strong flows out of risk and into the US Dollar.

falling to a new 2-year low. There is a strong long-term bullish trend in the US Dollar that looks likely to continue and Forex traders will probably do well to keep that in mind today.

 

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