US Dollar Consolidates After Fed Chairman's Hawkish Remarks

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US Dollar Consolidates After Fed Chairman's Hawkish Remarks
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Here is what you need to know on Friday, November 10: The US Dollar went into a consolidation phase early Friday after outperforming its major rivals on Federal Reserve (Fed) Chairman Jerome Powell's hawkish remarks late Thursday.

Here is what you need to know on Friday, November 10: The US Dollar went into a consolidation phase early Friday after outperforming its major rivals on Federal Reserve Chairman Jerome Powell 's hawkish remarks late Thursday. Ahead of the weekend, the University of Michigan will release the preliminary Consumer Sentiment Index data for November .

The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . The UK economy expanded at an annual rate of 0.6% in the third quarter, the UK's Office for National Statistics reported on Friday.

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US Dollar Consolidation Federal Reserve Jerome Powell Hawkish Remarks University Of Michigan Consumer Sentiment Index November

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