Marissa DuBois in Slow Motion Full Fashion Week 2023, Fashion Channel Vlog,

Monday, March 22, 2021

Dollar steadies ahead of Powell testimony, housing reforms hit kiwi


TOKYO/SINGAPORE (Reuters) - The dollar hovered below recent peaks on Tuesday as investors looked to U.S. policymakers for clues on whether they may seek to slow rising yields, while the New Zealand dollar dropped after housing reforms cooled policy-tightening expectations.

The Turkish lira also showed some sign of stability following a 7.5% dive on Monday after President Tayyip Erdogan sacked a hawkish central bank chief, but markets' relief was offset by worries about fresh lockdowns in Europe.

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