Here's what you need to know to trade today Friday February 9:
He US dollar (USD) strengthened against its rivals on Thursday, as US yields stretched higher. However, a lack of risk aversion, reflected in the resilience of US stock indices, made it difficult for the currency to outperform its rivals later in the day. On Friday, no relevant data will be published in the euro zone or the United States. Statistics Canada to report January employment report early in the American session.
He DXY Dollar Index remains slightly above 104.00 in the European morning on Friday and the US 10-year bond yield moves sideways around 4.15%. After Wall Street's main indices posted small gains on Thursday, US stock index futures are trading slightly lower.
Dollar Quote this week
The following table shows the percentage change of the United States Dollar (USD) against the main currencies this week.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.04% | 0.00% | -0.09% | 0.03% | 0.56% | -1.09% | 0.86% | |
| EUR | -0.04% | -0.04% | -0.13% | -0.02% | 0.52% | -1.13% | 0.82% | |
| GBP | 0.00% | 0.04% | -0.09% | 0.03% | 0.56% | -1.08% | 0.86% | |
| CAD | 0.10% | 0.14% | 0.09% | 0.12% | 0.65% | -1.00% | 0.95% | |
| AUD | -0.03% | 0.02% | -0.02% | -0.12% | 0.54% | -1.11% | 0.83% | |
| JPY | -0.57% | -0.53% | -0.58% | -0.65% | -0.53% | -1.67% | 0.30% | |
| NZD | 1.08% | 1.12% | 1.08% | 0.99% | 1.10% | 1.63% | 1.93% | |
| CHF | -0.87% | -0.83% | -0.88% | -0.97% | -0.84% | -0.30% | -1.97% |
The heat map shows the percentage changes of the major currencies against each other. The base currency is chosen in the left column, while the quote currency is chosen in the top row. For example, if you choose the euro in the left column and scroll down the horizontal line to the Japanese yen, the percentage change that appears in the box will represent EUR (base)/JPY (quote).
The markets They expect the unemployment rate in Canada to rise to 5.9% in January and? the Net Change in Employment stands at +15,000 after the uninspiring increase of 100 people in December. The pair USD/CAD fluctuates around 1.3450 pending labor market data.
He EUR/USD It staged a rebound in the second half of trading on Thursday and closed practically unchanged. The pair fluctuates in a tight range below 1.0800 early on Friday. The data of the Italian industrial production for December They will be published later in the European session. Meanwhile, The German agency Destatis confirmed that the annual Consumer Price Index rose 2.9% in January.
After a two-day rebound, the GBP/USD lost its bullish momentum on Thursday and posted small losses. However, the pair remains stable above 1.2600 in the early hours of the European session on Friday.
He USD/JPY rose strongly on Thursday and reached its highest level since late November above 149.00. The pair remains in a consolidation phase below 149.50 at the beginning of the last trading day of the week.
On Thursday, for the second consecutive day, the price of Gold he failed to move forward in any direction. In the European session on Friday, XAU/USD continues to move up and down in a tight range above $2,030.
He AUD/USD It closed in negative territory on Thursday, but recovered above 0.6500 in the Asian session on Friday. He NZD/USD It gained traction early on Friday and is now up more than 0.5% on the day, around 0.6100.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
