LIVE Dow Set to Open Flat Ahead of Powell's Fed Speech Last Updated: 1 hour ago Dollar Steady Ahead of Powell Speech By Jessica Fleetham, Dow Jones Newswires The dollar was holding steady ahead of a speech by Federal Reserve Chair Jerome Powell due later today. After the Fed cut interest rates last week for the first time this year, investors will be looking for clues on how far and how fast rates will be reduced from now on. The DXY dollar index hit a three-and-a-half-year low of 96.218 last week but has s ...