Forex News: 07/03/2023 - Dollar retreats ahead of Powell’s testimony

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Fed chief testifies before Congress, investors focused on his tone. Aussie
slides after cautious RBA rate hike, yen ignores softer data. Stock markets
little changed, waiting for Fed signals and US payrolls.

0:00 Intro
0:16 Powell’s testimony
1:24 RBA and aussie
1:49 Japanese wages
2:17 Wall Street
2:58 Events ahead

For more information on the topics discussed in this video, including
detailed charts and tables, read the full Daily Market Comment article:
https://www.xm.com/research/analysis/marketComment/xm/daily-market-
comment-dollar-loses-steam-ahead-of-powells-testimony-175624

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