United States Challenger Job Cuts: 49.795K (January) vs 38.792K

Feb 6, 2025

US Dollar bounces off support after softening stance from President Trump

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, ticks up in the European trading session on Thursday, trading slightly below 108.00 at the time of writing.

Bailey speech: We expect to be able to cut bank rate further

Bank of England (BoE) Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press following the decision to lower the policy rate by 25 basis points (bps) at the February meeting.