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Dollar’s Wild Week Ends in Uncertainty, Awaits Next Tariff Cue
Dollar faced significant volatility last week as shifting trade policy signals from the White House left investors scrambling for clarity. Initially, tariffs on Canadian and Mexican imports were imposed, only to be quickly suspended for 30 days following new agreements on border security and fentanyl control. Now, the focus turns to “reciprocal tariffs,” a move
Colombia Consumer Price Index (MoM) registered at 0.94% above expectations (0.82%) in January
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to 4.1%, the market had been looking for a decline to 3.8%.
Forexlive Americas FX news wrap 7 Feb: US jobs remains solid.Inflation expectations rise
It was Jobs Friday in North America with both the US and Canada releasing there January employment reports. For the US, the January non farm jobs for the month came in weaker than expected, with non-farm payrolls increasing by 143K compared to the 170K expected. However, there were positive revisions to the previous two months,
Major US stock indices close sharply lower.
The major US stock indices are closing sharply lower for the day. The final numbers are showing: Dow industrial average -444.23 points, or -0.90% at 44303.40 S&P index -57.58 points or -0.95% at 6025.99 NASDAQ index -268.59 points or -1.36% at 19523.40 Russell 2000-27.41 points or -1.19% at 2279.70 For the trading week, the declines
Markets Weekly Outlook – Inflation Fears Rise with Tariffs Ahead of US CPI Release
Inflation expectations are rising, driven by tariff concerns and impacting consumer sentiment. US job growth was lower than expected, adding to market concerns. Key events for the week ahead include the US CPI release and testimony from Fed Chair Jerome Powell. Week in Review: Tariff Fears Sees Inflation Expectations Rise Markets had an interesting end
UoM Consumer Sentiment Index drops as inflation fears climb
According to the University of Michigan’s (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about United States (US) President Donald Trump’s approach to economic policy and international trade. Trade war fears have knocked back consumer confidence, and consumer inflation expectations have also climbed. The Preliminary UoM Sentiment Index showed that aggregate
Dollar Gains Modestly on NFP, But Lacks Momentum
Dollar edged higher in early US session following the non-farm payrolls (NFP) report, but the overall momentum remains lackluster. Stock futures are flat, while 10-year Treasury yield is staging a slight recovery, suggesting a measured market response as traders hold back from aggressive positioning ahead of next week’s key economic events including US CPI and
XAU/USD: Elliott wave analysis and forecast for 07.02.25 – 14.02.25
2025.02.07 2025.02.07 XAU/USD: Elliott Wave Analysis and Forecast for 07.02.25 – 14.02.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 2725.20 with a target of 3000.00 – 3100.00. A buy signal: the price holds above 2725.20. Stop Loss: below 2700.00, Take Profit:
Can. dollar lower ahead of US, Canada jobs data
The Canadian dollar is showing limited movement for third consecutive day. In the European session, USD/CAD is trading at 1.4328, up 0.14% on the day. The week wraps up with January employment reports from both Canada and the US, which could mean USD/CAD will be active in the North American session. Canada and the US
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 07.02.2025
2025.02.07 2025.02.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.02.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price will presumably continue declining in the actionary wave [Y]. Consider short positions from the
Yen Rises Further as IMF Backs Gradual BoJ Tightening; Dollar Awaits NFP Impact
The forex market was relatively subdued during Asian session, with one clear exception: Japanese Yen continues to outperform. Fresh data from Japan showed a 2.7% yoy increase in household spending, not only marking the first rise in five months, but also the fastest pace since August 2022. Paired with this week’s solid wage growth figures,
USD/CAD Price Analysis: Tariff Reprieve Boosts Canadian Dollar
The Canadian dollar has gained sharply since Trump paused an expected 25% tariff. Economists expect slower job growth in the US and Canada. Unemployment might increase in Canada. The USD/CAD price analysis shows a brighter future for the Canadian dollar since Trump paused a 25% tariff on Canadian goods. Meanwhile, market participants are gearing up
A quieter mood ahead of European trading today
Major currencies are little changed so far with the dollar keeping steadier on the day. The greenback caught a breather in trading yesterday, after having dealt with a setback following the opening gap higher on Monday. Tariff fears are receding and that’s led to the turnaround in sentiment, with the focus now shifting back to