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USD/CHF trades flat as US labor data disappoints, SNB remains vigilant
USD/CHF trades without a clear trend around 0.7750 on Wednesday at the time of writing, showing an almost unchanged performance on the day. The pair remains trapped in a narrow range as the US Dollar (USD) struggles to find a clear catalyst following the release of mixed US macroeconomic data.
Fxstreet
Wed, Feb 4
GBP/USD: Outlook remains cautious – TD Securities
TD Securities analysts anticipate that the Bank of England's Monetary Policy Committee will maintain the Bank Rate at 3.75% with a 6-3 vote. The report highlights that the trajectory of inflation and the voting dynamics will be crucial for market movements.
Fxstreet
Wed, Feb 4
NZD/USD: Improving labor market conditions – BBH
The report from Brown Brothers Harriman (BBH) highlights that NZD/USD is trading heavy around 0.6000, with New Zealand's Q4 labor market data showing an improving job market. Employment increased more than expected, although the unemployment rate rose slightly.
Fxstreet
Wed, Feb 4
EUR: Inflation drops but ECB remains steady – TD Securities
TD Securities reports on Eurozone inflation, which has dropped to 1.7% year-on-year, primarily due to energy prices. The analysis indicates that this disinflationary trend is not expected to influence the ECB's upcoming meeting, as it has been anticipated.Fxstreet
Wed, Feb 4
AUD/USD trades subduedly near 0.7020 ahead of US employment, PMI data
The AUD/USD pair trades marginally lower around 0.7020 during the European trading session on Wednesday. The Aussie pair ticks down as the US Dollar (USD) trades higher ahead of the key United States (US) economic data releases in the North American session.
Fxstreet
Wed, Feb 4
NZD/USD hesitates below 0.6050 following mixed employment data
The New Zealand Dollar is practically flat against the US Dollar on Wednesday, trading at 0.6040 at the time of writing, after being rejected at 0.6063 on Tuesday. A string of mixed New Zealand employment figures has halted the pair’s recovery from weekly lows at 0.5990.Fxstreet
Wed, Feb 4
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