The U.S. dollar fared reasonably well against some of its peers on Wednesday even as it extended its weakness against the British currency.
Dovish comments by the Federal Reserve Chairman Jerome Powell took more shine off the greenback earlier in the session. However, the currency recovered and gained in strength as the day progressed to score decent gains against most of its rivals.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.