From Investing.com: 2025-01-03 06:33:00

In the US, the dollar is strong ahead of the NFP report. The euro is struggling with CPI data, while Canada’s jobs report could impact a potential BoC cut. Investors are eager for more US data to see how the dollar will perform.

Eurozone’s CPI prints may bring Euro/Dollar closer to parity. The ECB signaled more rate cuts, leading to a divergence in policy expectations with the Fed. Euro remains bearish due to monetary policy outlook and political crises in Europe.

Canada’s jobs report, Australia’s CPI, and Japan’s wages are also important. BoC’s recent rate cut and weak economic data may prompt more cuts. Australia and Japan’s upcoming data could influence market bets about future interest rates.



Read more at Investing.com: Week Ahead: US NFP to Test the Markets, Eurozone CPI Data Also in Focus