Русский
U.S. Dollar Index rebounds as traders react to Powell’s comments and strong Non Farm Payrolls report. Fed Chair said that the impact of tariffs would be higher than previously expected. He added that it was too early to discuss the dynamics of federal funds rate as Fed needed more time to evaluate the situation.
GBP/USD gained strong downside momentum and pulled back below the support at 1.2935 – 1.2950. Currently, GBP/USD is trying to settle below the 1.2900 level.
In case this attempt is successful, GBP/USD will move towards the next support level, which is located in the 1.2860 – 1.2875 range.
