Podcasts

The U.S. Dollar remains steady after December’s employment data showed weaker-than-expected job growth but a drop in unemployment to 4.4 percent. Traders are now focused on upcoming inflation data. Meanwhile, President Trump is expected to announce his Federal Reserve Chair nominee soon, with Kevin Warsh emerging as the frontrunner. In the G10 currencies, the Japanese Yen hit a one-year low due to political instability, and the Canadian Dollar weakened despite better-than-expected job growth, as unemployment rose to 6.8 percent. Key events to watch include Monday’s U.S. inflation report and developments on the Fed Chair nomination.