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Fed Chair Powell (Q&A) says Fed does not comment on the USD; will not comment on the USD

Fed Chair Powell's clear stance on not commenting on the USD reflects the Fed's intention to maintain a neutral position on currency valuations, which could signal to markets that intervention is unlikely.

Newsquawk StaffPublished On the live feed at — 10 more headlines followed before this page went public
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Context

This may reduce volatility in the USD and influence trader sentiment in forex markets, as well as impact commodities priced in USD. The lack of commentary could be interpreted as a dovish signal, hinting at a focus on domestic economic conditions over external currency dynamics.

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