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US dollar steady as spotlight falls on Powell

Published Tue, Feb 27, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE dollar steadied against most major currencies on Tuesday, with traders cautious ahead of testimony from new Federal Reserve chief Jerome Powell that could determine whether the currency's recovery from a three-year low has more room to run.

Mr Powell's Congressional testimony will be his first public appearance since being sworn in as chairman earlier this month.

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