Monthly Archives: February 2025
All Eye on NFP Today
Written on February 3, 2025 at 4:30 am, by
Market Summary The dollar index remains elevated in recent highs as markets await the highly anticipated U.S. Nonfarm Payrolls (NFP) data today. This key job report will provide insight into the Fed’s hawkish stance and its impact on dollar strength. With the NFP expected at 164k, a higher-than-anticipated reading could drive the dollar higher. Meanwhile,Continue Reading
All Eye on NFP Today
Written on February 3, 2025 at 4:30 am, by
Market Summary The dollar index remains elevated in recent highs as markets await the highly anticipated U.S. Nonfarm Payrolls (NFP) data today. This key job report will provide insight into the Fed’s hawkish stance and its impact on dollar strength. With the NFP expected at 164k, a higher-than-anticipated reading could drive the dollar higher. Meanwhile,Continue Reading
Hawkish Fed Meeting Minutes Fuels Dollar’s Strength
Written on February 3, 2025 at 4:29 am, by
Market Summary Yesterday’s market focus was dominated by U.S. economic indicators and the release of the Fed meeting minutes. The dollar experienced mixed movements, pressured by a weaker-than-expected U.S. ADP Nonfarm Employment Change but supported by better-than-expected Initial Jobless Claims data. The Fed minutes revealed a cautious stance, as members acknowledged the economy’s resilience andContinue Reading
