Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Stock Futures Dip as Investors Await Key Payrolls Data 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
FxWirePro: Forex Daily Update
The US dollar index trades flat ahead of US CPI data. It hit a low of 104.09 yesterday and is currently trading around 104.159.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June decreased to 51.3% from 61.5% a week ago.
Major resistance- 105.20/106
Major support- 104.40/103.80
EURUSD-
EURUSD consolidated after a minor pullback. German industrial production rose 2.1% y/y in Feb, compared to a forecast of 0.30%. Markets await ECB monetary policy for further direction.
Major resistance-1.0880,1.0935
Major support- 1.0800,1.0720
Yen-
The pair hit a multi-decade high on a surge in US treasury yields. Any break above 152 confirms minor bullishness.
Major Resistance- 152,153
Major support- 150,149
Canadian Dollar
USDCAD trades higher after dismal Canadian jobs will push BOC to cut rates early. Markets eye BOC monetary policy tomorrow for further movement.
Resistance- 1.3660,1.37000
Major support- 1.3550,1.3500
