US dollar index in recovery mode as Treasury nominee Janet Yellen set to declare commitment to market-determined dollar

Treasury pick and the former Fed chief Janet Yellen is due to testify on Capitol Hill today. She is expected to reaffirm that the Biden-led US administration won’t pursue a path of weaker dollar. Fundamental analysis: Change in policy compared to Trump Janet Yellen, U.S. Treasury nominee picked by U.S. president-elect Joe Biden, is set […]