From Investing.com: 2025-02-07 06:06:00

The dollar rebounded against major peers ahead of the NFP data release. BoE cut rates by 25bps, surprising markets with a unanimous vote. Super-hawk Catherine Mann voted for a double cut, shifting to a dovish stance. Canada’s jobs data release will impact BoC expectations after recent rate cut. S&P 500 and Nasdaq gained, Dow Jones slid slightly. US jobs growth expected to slow due to recent fires and cold weather, with estimates showing potential job losses of 25k due to wildfires and 15k due to weather conditions. Amazon’s stock slipped in after-hours trading due to lower-than-expected cloud revenue.



Read more at Investing.com: US Dollar: Traders Pause Selling as Nonfarm Payrolls Data Looms