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Read More »Currency market calm before Powell speech, bitcoin resumes rally
By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam again, although it stayed below the record high reached the day before. The absence of major catalysts kept the dollar under pressure, having slipped on Tuesday… Source link
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