Market participants eagerly await Powell’s speech before Congress which might contain clues on the outlook for Fed policy.

The Japanese Yen (JPY) rises for the third consecutive day, reaching a four-week high against the US Dollar (USD) on Thursday.

The Japanese Yen (JPY) rises for the third consecutive day, reaching a four-week high against the US Dollar (USD) on Thursday.

Indian Rupee (INR) edges higher on Thursday amid the decline of the US Dollar Index (DXY).

Indian Rupee (INR) edges higher on Thursday amid the decline of the US Dollar Index (DXY).

The US Dollar Index (DXY) fell on Wednesday after Federal Reserve Chair Jerome Powell's speech and weak ADP Employment Change data for February. Powell said the Fed needs more evidence to start cutting rates.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

The Australian Dollar (AUD) consolidates with a negative bias on Tuesday after experiencing losses in the previous session

The Australian Dollar (AUD) consolidates with a negative bias on Tuesday after experiencing losses in the previous session

The Australian Dollar (AUD) consolidates with a negative bias on Tuesday after experiencing losses in the previous session

XAU/USD is up over a full percent bottom-to-top on Monday, with intraday bids accelerating into the high end. Investors are ramping up

XAU/USD is up over a full percent bottom-to-top on Monday, with intraday bids accelerating into the high end. Investors are ramping up

Economists at Commerzbank expect the EUR/USD exchange rate to end the year at 1.1000. They see limited upside potential

Economists at Commerzbank expect the EUR/USD exchange rate to end the year at 1.1000. They see limited upside potential

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

The USD Index (DXY) holds above mid-103.00s as investors await key US macro data for cues about the Federal Reserve's (Fed) future policy decisions.

USD/CHF has extended its gains to 0.8860, boosted by strong US PCE inflation data. The Swiss Franc remains on the back foot due to expectations that the SNB will lead the global rate-cut cycle. Investors await the US Manufacturing PMI for further insights

Economists at OCBC Bank analyze the pair's outlook, noting that some unwinding of Kiwi longs may still be underway. However, they remain attractive

Economists at OCBC Bank analyze the pair's outlook, noting that some unwinding of Kiwi longs may still be underway. However, they remain attractive

Economists at OCBC Bank analyze the pair's outlook, noting that some unwinding of Kiwi longs may still be underway. However, they remain attractive

Economists at OCBC Bank analyze the pair's outlook, noting that some unwinding of Kiwi longs may still be underway. However, they remain attractive