The dollar index fell 0.2% to 103.18, but it is still close to a two-month high of 103.68.
Federal Reserve Chairman Jerome Powell is expected to make a statement as soon as possible about the dollar’s current situation , and that will determine the direction of US dollar.
Meanwhile, the Australian dollar reached $0.6420 and the New Zealand dollar at $0.5926, levels close to their nine-month lows hit last week, Also the US dollar index depends on other central banks, such as the European Central Bank, which may hike rates further. and 7 days ago the dollar witnessed rising by 0.7% against the euro and the yen.
