There's usually a process for this but we'll see

The EU can't act in an hour on anything

Opening indications for Monday in the Asia-Pacific region

What's the signal in the noise

Tracking the latest executive transitions this week: Crypto.com appointed Giuseppe Giuliani as Senior Managing Director; Broadridge enlisted Larry Conover as VP and Special Advisor; while HF Market...

China January CPI 0.5% y/y (expected 0.4%, prior 0.1%) and PPI -2.3% y/y (expected -2.1%, prior -2.3%)

Deutsche Bank gets bullish on China

Focus on the US CPI and Fed Chair Powell Testimony

FTMO Acquires OANDA . We're in the second month of 2025, and the FX landscape is already undergoing a seismic shift. Proprietary trading powerhouse FTMO acquired retail brokerage giant OANDA , a ra...

Forex news for North American trading on Feb 7, 2025

The Commodity Futures Trading Commission (CFTC) enforced strict reporting requirements for futures commission merchants and retail foreign exchange dealers to ensure that market participants adhere to financial regulations.

Dow and S&P closed down nearly -1%. The NASDAQ index -1.36%

US consumer credit for December

Opposition to Chinese aggression, upgrading military cooperation, and increasing LNG exports - highlights of the joint statement.

United States (US) President Donald Trump hit newswires for a second time on Friday, during a news conference with Japanese Prime Minister Shigeru Ishiba.

Up $0.39 or 0.55%

Pres Trump and Japan PM Isida press conference

The leaders of the US and Japan

CBS News report

The Dow Jones Industrial Average (DJIA) took a fresh beating on Friday after Nonfarm Payrolls (NFP) missed market forecasts, and the University of Michigan’s (UoM) Consumer Sentiment Index showed a sharp downturn in consumers’ overall economic outlook.

Ukraine's Zelenskiy calls on Trump for security assurances in rare earth deal negotiations, while planning to meet with U.S. President before Russian counterpart. Discussions ongoing for opening Ukrainian gas storage sites to hold U.S. LNG.

Trump desire is linked to the countries rich natural resources

More from voting Fed Gov. Kugler

United States (US) President Donald Trump hit social media hard on Friday, noting through a series of posts that his plans to execute widespread tariffs on most of the US' trading allies is back on the table as a means of addressing the US' federal deficit.

E

EU will offer to cut tariffs to 2.5%

Federal Reserve (Fed) Board of Governors member Adriana Kugler noted on Friday that US growth and economic activity remain healthy overall, but noted that progress toward the Fed's inflation goals has been somewhat lopsided.

Pres Trump and Japan PM Ishiba speaking

Let me tie all this together

The CFTC is set to organize a CEO Forum with industry firms to discuss the upcoming launch of its digital asset markets pilot program.

The 61.8% retracement of the range since the January 24 high is in play as well.

Comments from Kugler

Pershing Square buys 30.3 million shares

McDonald's, Shopify, Coca-Cola, and Moderna are scheduled to announce earnings next week

According to the University of Michigan's (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about US President Donald Trump's approach to economic policy and international trade.

More confusion

More on the tariffs

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit markets on an already-volatile Friday with more bad news, noting that inconsistent policy approaches from the US government cause a high level of economic uncertainty that make it difficult for the Fed to draw a bead on where the economy, and inflation specifically, are likely heading.

The swing area comes between 0.6287 and 0.6301 in the AUDUSD