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Weekly Market Analysis The US dollar has clawed back some ground after stronger-than-expected economic data, easing losses from Fed Chair Jerome Powell’s dovish comments last week. FX markets have stayed largely muted ahead of the US jobs report and other key releases Forex The US dollar regained some ground after better-than-expected economic data, recovering from the slump triggered by Fed Chair Powell´s dovish comments the previous week The latest US GDP figure came in stronger than expected at 3.3%, showing that the US economy remains resilient FX volatility remained fairly low last week, as traders are awaiting key economic data, such as the US jobs report, that could provide further clues whether the central bank will cut rates later this month.  Gold advanced further as traders are betting that the US central bank will cut rates at a faster pace, boosting demand for the precious metal.

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