The US Dollar was broadly higher on Wednesday as hopes that the coronavirus threat is subsiding. In China, though more than 2,000 new cases were confirmed yesterday, the daily rise was at its lowest level since January 30th, giving hope that the spread may have peaked. That helped to improve […]
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Powell Says U.S. Economy is in a “Good Place” – 12 February 2020
In his first day of his two-day testimony before Congress, Federal Reserve Chairman Jerome Powell told U.S. lawmakers that the U.S. economy is in a “good place”. Powell’s comments were well-placed despite persistent global economic uncertainty – the U.S. economy is in its longest period of economic expansion on record, […]