• The Danish Krone rallied to an over 1-week peak as the greenback eased following U.S. Federal Reserve Chairman Jerome Powell's speech.
   
• Speaking at the Kansas City Fed's virtual economic symposium, Powell said the U.S. Federal Reserve would adopt an average inflation target.
   
• Investors appear to have ignored Denmark's downbeat economic data, whcih showed manufacturing confidence indicator declined to -10 in August from -7 in the previous month.
   
• USD/DKK is trading 0.8 percent down at 6.2900, having hit high of 6.3272 the day before, its highest since August 21.
   
• On Thursday, the pair broke above minor resistance 21-EMA but failed to sustain gains to close at 6.2965. 
   
• Immediate resistance is located at  6.3216 (21-EMA), close above could take it till 6.3344. 
   
• On the downside, support is seen at 6.2404 and any break below will take it till 6.2228.