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Trump said he may sign reciprocal tariffs today, or tomorrow
Trump said he may sign reciprocal tariffs today, or tomorrow
Trump hasn't decided, says he'll sign them on Wednesday. Then adds or maybe Thursday morning.
Politics
USD
USD/JPY Price Forecast: Surges past 154.50 post hot CPI
USD/JPY Price Forecast: Surges past 154.50 post hot CPI
The USD/JPY rallied sharply on Wednesday after a hot US inflation report spurred a jump in the US 10-year Treasury yield, closely correlated with the major.
USDJPY
Currencies
Technical Analysis
US stock indices close mixed on the day
US stock indices close mixed on the day
NASDAQ marginally higher. S&P and Dow industrial average closed lower but off lowest levels
Stocks
Canadian Dollar recovery grinds away, Loonie finds fresh eight-week high
Canadian Dollar recovery grinds away, Loonie finds fresh eight-week high
The Canadian Dollar (CAD) briefly tested a new eight-week peak on Wednesday, pushing USD/CAD to its lowest levels since mid-December.
USDCAD
SEO
BOC
TradeWar
Forex Today: Further US inflation gauges should rule the sentiment
Forex Today: Further US inflation gauges should rule the sentiment
The US Dollar succumbed to the late selling pressure and faded the post-CPI move to weekly highs, while investors kept digesting Powell’s testimonies and sticky consumer prices in January.
CPI
DollarIndex
Currencies
EURUSD
BoC Meeting Minutes show Canadian policymakers are awaiting signs of tariff inflation
BoC Meeting Minutes show Canadian policymakers are awaiting signs of tariff inflation
The Bank of Canada released its latest Meeting Minutes on Wednesday.
BOC
CentralBanks
Inflation
TradeWar
US Dollar gives up gains despite strong CPI data
US Dollar gives up gains despite strong CPI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, initially climbed after January’s hotter-than-expected Consumer Price Index (CPI) data but then reversed course.
DollarIndex
SEO
Currencies
Fed
Inflation
Mexican Peso dwindles as US CPI reaccelerates
Mexican Peso dwindles as US CPI reaccelerates
The Mexican Peso (MXN) extended its gains against the US Dollar (USD) for the second consecutive day, unfazed by the jump in inflation in the United States (US), preventing the Federal Reserve (Fed) from easing policy.
USDMXN
Banxico
Fundamental Analysis
Technical Analysis
SEO
EUR/USD reverses early declines, climbs back over 1.04
EUR/USD reverses early declines, climbs back over 1.04
EUR/USD clawed back chart paper on Wednesday, rebounding from early losses to reclaim the 1.0400 handle as markets shake off a fresh batch of US inflation figures that broadly accelerated in January.
EURUSD
Fed
CPI
Currencies
NASDAQ erases the declines. Trades into positive territory
NASDAQ erases the declines. Trades into positive territory
S&P index and Dow industrial average are still lower on the day
Stocks
US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior
US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior
Latest data from the Mortgage Bankers Association for the week ending 7 February 2025
Broker Rebates