ET 17:10

Dollar Stays Near 96.80 as Key Data Looms: EUR/USD, GBP/USD, USD/JPY Move

U.S. dollars held near 96.80 on Tuesday (February 10) as traders awaited critical economic data, lingering near a one-week low ahead of the week's close. The DXY index stood at 96.82,持平 with 96.5097.50 as the range's middle, reflecting narrowing volatility. The prior release of December retail sales showed no change, while Wednesday's 1月 non-farm payrolls and Friday's CPI loom to assess the Federal Reserve's policy path. The nomination of Kevin Warsh to succeed Jerome Powell has increased uncertainty in the outlook. Euro兑dollar fell 0.84% to 1.1894; GBP/USD down 0.36% to 1.3639, pressured by UK political developments and expectations of further U.S. rate cuts. Japanese yen held at 154.40 against the dollar after the government warned of continued intervention, supporting the yen despite concerns over expanded fiscal spending. <emphasis>Key Dates:</emphasis> 2026-02-13 (1月 non-farm payrolls), 2026-02-15 (CPI).

EditorThomas Ho