US dollar climbs to the best levels of the day as Powell begins testimony - ConsultFX

US dollar climbs to the best levels of the day as Powell begins testimony

Sizzling US data A record high in the Richmond Fed and the best reading in 17 years on consumer confidence is a good reason to buy the US dollar. That's exactly what happened as USD/JPY climbed to 111.47 after the headlines. USD/CAD also rose above 1.28, cable hit a session low and EUR/USD dipped below 1.1875. Copyright 2015 Forexlive.com