Dollar Steady Ahead of Powell Speech

Core Viewpoint - The dollar remains steady as investors await insights from Federal Reserve Chair Jerome Powell's upcoming speech, particularly regarding future interest rate cuts following last week's reduction [1][2]. Group 1 - The DXY dollar index reached a three-and-a-half-year low of 96.218 last week but has since shown signs of recovery [2]. - Analysts generally expect Powell to maintain a consistent message and not significantly deviate from the post-decision press conference held last week [2].