USD: Fed Chair Powell Speaks

The speech by Fed Chair Jerome Powell provided information that aligned with forecasts, suggesting stability in the central bank's approach to monetary policy. Such an outcome may bolster investor confidence in current interest rates, which in turn could lead to a strengthening of the US dollar and an increase in stock indices. In the near term, it will be essential to observe reactions in the foreign exchange market, particularly concerning DXY and volatility in equity markets. Monitoring investor sentiment will also be crucial to assess whether the stability in Fed communication will influence further market decisions.