The USD Index (DXY), which tracks the greenback vs. a bundle of its main competitors, looks slightly bid around the 106.30 zone on Friday. USD Index l
The index extends its consolidative range just above 106.00. Fed’s Powell suggested that a rate hike in November appears unlikely.
Mester, Harker will speak later in the session. ooks at yields, Fedspeak The index trades with small gains so far at the end of the week, as market participants continue to digest Thursday’s comments from Chair Powell, when he delivered a cautious tone and hinted at the idea that a rate hike in November seems not favoured.
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