The U.S. dollar turned in a mixed performance against major currencies on Wednesday, although the dollar index spent much of the session in positive territory, aided by positive comments about the state of the economy by the Federal Reserve Chair Jerome Powell.
Testifying before Congress, Powell reiterated that the central bank is likely to leave interest rates on hold in the near future.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.