EUR/GBP holds its position above 0.8500 despite the dovish ECB
EUR/GBP experienced challenges as ECB officials suggested an interest rate cut in June. ECB Chief
US: Weekly Initial Jobless Claims decline to 183K vs. 200K expected
Initial Jobless Claims in the US decreased by 3,000 in the week ending January 28.
US: Unit Labor Costs rise 1.1% in Q4 following 2% increase in Q3
Unit Labor Costs in the US rose at a softening pace in Q4. US Dollar
72% of institutional traders are crypto-skeptical this year: JPMorgan
A whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in
Forex Today: Focus shifts to BOE and ECB as post-Fed US Dollar weakness continues
Here is what you need to know on Thursday, February 2: The US Dollar Index
US: Private sector employment rises by 106K in January vs. 178K expected
Employment in US private sector grew at a softer pace than expected in January. US
US: Employment Cost Index rises by 1% in Q4 vs. 1.1% expected
Employment Cost Index in the US rose less than expected in Q4. US Dollar Index
US: CB Consumer Confidence declines to 107.1 in January
Consumer confidence in the US weakened modestly in January. US Dollar Index posts small daily
US: Durable Goods Orders rise by 5.6% in December vs. 2.5% expected
Durable Goods Orders in the US grew at a stronger pace than expected in December.