Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that he prefers to keep the monetary policy modestly restrictive as cutting rates could worsen the inflation situation at the Economic Club of Kansas City on Thursday.
Federal Reserve Bank of Atlanta President Raphael Bostic commented that he believes inflation pressures will continue throught the year and that many businesses are still incorporating tariffs into prices at the Metro Atlanta Chamber's Board of Directors meeting on Thursday.
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that Despite the low claims data there is still strength in the job market at an interview with CNBC on Thursday
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 198K for the week ending January 10.
UK economic growth surprised on the upside in November, with real GDP rising 0.3% month-on-month, led by gains in services and manufacturing despite continued weakness in construction, BBH FX analysts report.
The Swedish Krona (SEK) remains strong in early 2026, trailing only the AUD among G10 currencies, supported by positive growth data, attractive interest-rate differentials, and expectations of future Riksbank hikes, Rabobank's FX analyst Jane Foley reports.
USD/KRW is forming the right shoulder of a potential Inverse Head and Shoulders, with the neckline near 1488. A breakout above this level could pave the way for gains toward 1497/1502 and 1525, Société Générale's FX analysts note.
US Dollar (USD) remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/CHF has established a higher trough near 0.9270 and is challenging the 200‑DMA and multi-year descending trendline. A successful break above 0.9400 could trigger further gains toward 0.9445–0.9485, Société Générale's FX analysts note.