The dollar is holding steady in early Friday trading, with investors focused on a host of aspects from Federal Reserve Chairman Jerome Powell’s Jackson Hole address to define the greenback’s next move.
The U.S. dollar index, which tracks the greenback’s value against a basket of six global currency peers, was last marked 0.12% higher on the session at 98.75.
That leaves it up around 2% from its early July lows, but still down nearly 9% for the year.
www.barrons.com
#SlowBurn #Dollar #Slide
