Today, the US dollar index dropped to the lowest level in the last three weeks and tested the support level of 105.3 points. It may close the week with a 1% decline. The US dollar started falling because of the comments provided by the Fed Chair. On Wednesday, Jerome Powell almost excluded the possibility of a new key rate hike. However, he pinpointed that the final decision would depend on macroeconomic data. In this light, the US dollar stagnated until the publication of the US non-farm payrolls.
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