

{"id":4655,"date":"2024-03-06T09:10:15","date_gmt":"2024-03-06T02:10:15","guid":{"rendered":"https:\/\/hva.group\/?p=4655"},"modified":"2024-08-09T15:48:38","modified_gmt":"2024-08-09T08:48:38","slug":"usd-holds-steady-as-markets-await-powells-testimony","status":"publish","type":"post","link":"https:\/\/hva.group\/en\/usd-holds-steady-as-markets-await-powells-testimony\/","title":{"rendered":"USD STABLE AS MARKETS AWAIT POWELL TESTIMONY"},"content":{"rendered":"<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"500\" src=\"https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14.jpg\" alt=\"\" class=\"wp-image-4657\" srcset=\"https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14.jpg 800w, https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14-300x188.jpg 300w, https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14-768x480.jpg 768w, https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>The U.S. dollar remained steady on Wednesday, with traders cautious ahead of Federal Reserve Chairman Jerome Powell\u2019s congressional testimony and key economic events. Market focus will be on the European Central Bank\u2019s upcoming interest rate decision and U.S. jobs data due later in the week.<\/p>\n\n\n\n<p>Bitcoin saw a slight increase but failed to surpass the record high it reached in a volatile overnight session. The digital currency has seen a significant rally since October, driven by investor interest in U.S. exchange-traded cryptocurrency products and anticipation of a potential global interest rate cut.<\/p>\n\n\n\n<p>The dollar was minimally volatile, trading in a narrow range after a slight decline. This was in response to a report from the Institute for Supply Management (ISM) showing a slight slowdown in growth in the US services sector in February. Even so, the dollar has gained 2.4% this year, bolstered by better-than-expected US economic data. However, its gains have paused recently as investors await more definitive guidance on Federal Reserve policy.<\/p>\n\n\n\n<p>Friday&#039;s US jobs report is highly anticipated, with the potential to significantly influence market dynamics. An unexpectedly strong report could contribute to the dollar&#039;s gains this year.<\/p>\n\n\n\n<p>Jerome Powell\u2019s testimony before Congress is expected to confirm the Fed\u2019s stance of waiting for additional data before considering any rate cuts. Carol Kong, a currency strategist at Commonwealth Bank of Australia (OTC: CMWAY), noted that the reiteration of that stance is unlikely to change market expectations for a rate cut starting in June, and therefore should have limited impact on the U.S. dollar.<\/p>\n\n\n\n<p>Market expectations reflect a roughly 60% chance of a rate cut in June, according to the CME FedWatch tool. The dollar index, a gauge of a basket of six major currencies, was little changed at 103.82.<\/p>\n\n\n\n<p>In Europe, the ECB is widely expected to keep interest rates on hold at a record 4% at its policy meeting on Thursday. Markets will be looking for clues on the timing of a potential rate cut and the central bank\u2019s updated economic forecasts.<\/p>\n\n\n\n<p>The euro held steady at $1.0852, while the pound edged lower, trading at $1.2695 ahead of Britain&#039;s budget announcement on Wednesday. The Japanese yen traded around 149.92 per dollar, steadying after the dollar recently retreated from last week&#039;s peak of 150.85 against the yen. Reuters contributed to this article.<\/p>\n\n\n\n<p><em>Source: Investing<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The US dollar remained steady on Wednesday, with traders cautious ahead of Federal Reserve Chairman Jerome Powell\u2019s congressional testimony and key economic events. Market focus was on the upcoming interest rate decision by the [\u2026]<\/p>","protected":false},"author":9,"featured_media":4657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"\u0111\u1ed3ng \u0111\u00f4 la M\u1ef9","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"\u0110\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u1eabn \u1ed5n \u0111\u1ecbnh v\u00e0o th\u1ee9 T\u01b0, v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch th\u1eadn tr\u1ecdng tr\u01b0\u1edbc phi\u00ean \u0111i\u1ec1u tr\u1ea7n tr\u01b0\u1edbc qu\u1ed1c h\u1ed9i c\u1ee7a Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Jerome Powell v\u00e0 c\u00e1c s\u1ef1 ki\u1ec7n kinh t\u1ebf quan tr\u1ecdng. Tr\u1ecdng t\u00e2m c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t s\u1eafp t\u1edbi c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB) v\u00e0 d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m c\u1ee7a M\u1ef9 s\u1ebd \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 v\u00e0o cu\u1ed1i tu\u1ea7n.","footnotes":""},"categories":[28],"tags":[16,15],"class_list":["post-4655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc-thi-truong","tag-kinh-te","tag-tai-chinh"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.2 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>\u0110\u1ed2NG USD GI\u1eee \u1ed4N \u0110\u1ecaNH KHI TH\u1eca TR\u01af\u1edcNG CH\u1edc \u0110\u1ee2I L\u1edcI KHAI C\u1ee6A \u00d4NG POWELL - HVA Group<\/title>\n<meta name=\"description\" content=\"\u0110\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u1eabn \u1ed5n \u0111\u1ecbnh v\u00e0o th\u1ee9 T\u01b0, v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch th\u1eadn tr\u1ecdng tr\u01b0\u1edbc phi\u00ean \u0111i\u1ec1u tr\u1ea7n tr\u01b0\u1edbc qu\u1ed1c h\u1ed9i c\u1ee7a Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Jerome Powell v\u00e0 c\u00e1c s\u1ef1 ki\u1ec7n kinh t\u1ebf quan tr\u1ecdng. Tr\u1ecdng t\u00e2m c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t s\u1eafp t\u1edbi c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB) v\u00e0 d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m c\u1ee7a M\u1ef9 s\u1ebd \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 v\u00e0o cu\u1ed1i tu\u1ea7n.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hva.group\/en\/wp-json\/wp\/v2\/posts\/4655\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u0110\u1ed2NG USD GI\u1eee \u1ed4N \u0110\u1ecaNH KHI TH\u1eca TR\u01af\u1edcNG CH\u1edc \u0110\u1ee2I L\u1edcI KHAI C\u1ee6A \u00d4NG POWELL\" \/>\n<meta property=\"og:description\" content=\"\u0110\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u1eabn \u1ed5n \u0111\u1ecbnh v\u00e0o th\u1ee9 T\u01b0, v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch th\u1eadn tr\u1ecdng tr\u01b0\u1edbc phi\u00ean \u0111i\u1ec1u tr\u1ea7n tr\u01b0\u1edbc qu\u1ed1c h\u1ed9i c\u1ee7a Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Jerome Powell v\u00e0 c\u00e1c s\u1ef1 ki\u1ec7n kinh t\u1ebf quan tr\u1ecdng. Tr\u1ecdng t\u00e2m c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t s\u1eafp t\u1edbi c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB) v\u00e0 d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m c\u1ee7a M\u1ef9 s\u1ebd \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 v\u00e0o cu\u1ed1i tu\u1ea7n.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hva.group\/en\/usd-holds-steady-as-markets-await-powells-testimony\/\" \/>\n<meta property=\"og:site_name\" content=\"HVA Group\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-06T02:10:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-09T08:48:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"HVA Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"HVA Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/\"},\"author\":{\"name\":\"HVA Group\",\"@id\":\"https:\/\/hva.group\/#\/schema\/person\/03729d08a6ea1d70c6f95c49510d6da1\"},\"headline\":\"\u0110\u1ed2NG USD GI\u1eee \u1ed4N \u0110\u1ecaNH KHI TH\u1eca TR\u01af\u1edcNG CH\u1edc \u0110\u1ee2I L\u1edcI KHAI C\u1ee6A \u00d4NG POWELL\",\"datePublished\":\"2024-03-06T02:10:15+00:00\",\"dateModified\":\"2024-08-09T08:48:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/\"},\"wordCount\":882,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/hva.group\/#organization\"},\"image\":{\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14.jpg\",\"keywords\":[\"Kinh t\u1ebf\",\"T\u00e0i ch\u00ednh\"],\"articleSection\":[\"Tin t\u1ee9c th\u1ecb tr\u01b0\u1eddng\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/\",\"url\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/\",\"name\":\"\u0110\u1ed2NG USD GI\u1eee \u1ed4N \u0110\u1ecaNH KHI TH\u1eca TR\u01af\u1edcNG CH\u1edc \u0110\u1ee2I L\u1edcI KHAI C\u1ee6A \u00d4NG POWELL - HVA Group\",\"isPartOf\":{\"@id\":\"https:\/\/hva.group\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/hva.group\/dong-usd-giu-on-dinh-khi-thi-truong-cho-doi-loi-khai-cua-ong-powell\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hva.group\/wp-content\/uploads\/2024\/03\/ETF-14.jpg\",\"datePublished\":\"2024-03-06T02:10:15+00:00\",\"dateModified\":\"2024-08-09T08:48:38+00:00\",\"description\":\"\u0110\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u1eabn \u1ed5n \u0111\u1ecbnh v\u00e0o th\u1ee9 T\u01b0, v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch th\u1eadn tr\u1ecdng tr\u01b0\u1edbc phi\u00ean \u0111i\u1ec1u tr\u1ea7n tr\u01b0\u1edbc qu\u1ed1c h\u1ed9i c\u1ee7a Ch\u1ee7 t\u1ecbch C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Jerome Powell v\u00e0 c\u00e1c s\u1ef1 ki\u1ec7n kinh t\u1ebf quan tr\u1ecdng. 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