USD: Fed Chair-Designate Warsh Testifies

The statements from Fed Chair Warsh did not bring any surprises compared to forecasts, suggesting stability in the central bank's approach to monetary policy. Such an outcome may strengthen investor expectations for the maintenance of current interest rates, which in turn could lead to a strengthening of the US dollar. In the immediate market reaction, an increase in USD value and stabilization in equity markets can be expected, with a potential rise in bond yields. It is important to monitor market sentiment and volatility, particularly in the context of the DXY index and the yield curve, to better understand future market directions.