Federal Reserve Guide, Jerome Powell, preliminarily confirms the need for additional data before making a decision on the next step of the central bank's interest rate. Information on the negotiations between the US and China, scheduled for Saturday, softens the risks related to the trade war, which has undermined investors' confidence in the dollar and American markets.
The dollar stabilized today, in the middle, ahead of the meeting of the Federal Reserve Board (Central Bank of the USA) to determine the policy in the conditions of economic uncertainty and the continuation of sales of American assets by large investors in Asia. It seems that there is some reduction in dollar sales from the previous week, which was caused by the release of investors at the level.
