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The US Dollar trades softer across the board on Wednesday.
US Federal Reserve Chairman Jerome Powell is heading to Capitol Hill for his semi-annual testimony.
The US Dollar Index snaps an important support, looking bleak ahead of the ECB decision and NFP data.
The US Dollar (USD) is facing some firm selling pressure on Wednesday ahead of the semi-annual testimony from US Federal Reserve Chairman Jerome Powell at Capitol Hill. Traders are being thrown left and right by mixt data, blurring the projections on the timing of the expected rate cuts from the Fed, if any for this year. This results in a four-day losing streak for the Greenback