US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis

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US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis
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US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report

Gold IG Client Sentiment: Our data shows traders are now net-short Gold for the first time since May 20, 2024 when Gold traded near 2,427.18.Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.02% 🇦🇺AUD: 0.00...commentary.

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