DXY tops 99.00 on hawkish Powell before easing into the close

The US Dollar Index (DXY) climbed about 0.40% on Wednesday, rising from a session low near 98.57 to push above 99.00 intraday and peak close to 99.05 during Chair Jerome Powell's press conference before drifting back to trade about 98.98 in the closing hour.

DXY tops 99.00 on hawkish Powell before easing into the close
The US Dollar Index (DXY) climbed about 0.40% on Wednesday, rising from a session low near 98.57 to push above 99.00 intraday and peak close to 99.05 during Chair Jerome Powell's press conference before drifting back to trade about 98.98 in the closing hour.

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