It’s been an interesting week as events made headlines and shook up financial markets. Donald Trump’s speech at Davos was eventful, and as expected, Trump pushed his America first agenda while making the argument for fair and reciprocal trade.
Despite markets being closed for Martin Luther King Jr.'s holiday, the U.S. dollar is in trouble and headed for the fourth day of losses against G10 currency pairs. Here are the 5 things you need to know.
The US dollar is higher across the board against major pairs, but had a mixed performance Friday in the aftermath of the release of the US non farm payrolls (NFP) report. Here's what you need to know going into this week.
Fed-funds futures contracts suggest traders now expect the Fed to lift interest rates this month. Currently, the market shows a +80% probability for an increase on March 15, more than double the probability accessed on Tuesday.
Stateside, the markets attention this week turns to Fed Chair Yellen semi-annual testimony in Congress (Feb 14th and 15th 10:00 EST). Investors will be looking for more clues on how probable are the expectations of a March rate hike.
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