South Korea BOK Manufacturing BSI fell from previous 80 to 79 in March

Feb 27, 2018

Funda and political wrap: Powell sends dollar and rates higher, option interest capping majors prior advances

After a pretty tame fx space overnight where decent size option expiries kept a lid on some of the majors again such GBP/USD, EUR/USD, USD/JPY and AUD

Market wrap: Powell would raise his growth forecasts sends DXY well BID

Analysts at Westpac explained that US bond yields and the USD rose, while equities and commodities fell in response to Fed Chairman Powell's testimony