The U.S. dollar against the Canadian dollar USD/CAD fell by 0.50% on the day and is now at 1.3171.

Fed Chair Jerome Powell: A strong job market is the best thing the Fed can do to promote equality.

SoftBank Vision Fund plans to start cutting 13% of its workforce as early as this week.

SoftBank plans another round of layoffs at its Vision Fund.

Fed Chairman Powell: The dollar is still the dominant reserve currency.

Fed board nominee Coogler: Inflation levels in the US are at "worrisome" levels.

Federal Reserve Chairman Powell: We surveyed all banks, and most of the small banks support FedNow.

Intel updates its Internal Foundry Model, which is expected to deliver broad efficiency gains.

Lloyd Helms, chief operating officer of EOG Resources, expects the oil market will continue to tighten, and future oil supply will be limited.

Fed Chair Jerome Powell: The most important thing we can do for working people is lower inflation.

Fed Chairman Powell: See some wages return to sustainable levels.

Fed board nominee Kugler: Every bank merger request will be considered.

Fed Governor Cook: Concerned about banking concentration, which poses a risk to financial stability.

Fed Chairman Powell: There is no conflict between reducing inflation and setting bank capital.

Federal Reserve Chairman Powell: In the next year or two, capital changes will not have much impact on the economy.

Fed Chair Jerome Powell: There is no easy model or answer to balancing higher capital costs and benefits.

Market news: The Prime Minister of the Netherlands signed a memorandum of understanding on renewable energy and new energy cooperation with Morocco.

Federal Reserve Chairman Powell: I hope to return to a level where inflation is low enough that people no longer pay attention to it.