{quote} That's the first hint from Asian Open. Is there any probability of a breakout? 3 days with uncertain movement. Accumulation, consolidation, and manipulation. We need some fresh air. Where? Still waiting IMO
U.S. dollar is hovering near a four-month low, influenced by ongoing tariff uncertainties and concerns about the nation's economic growth. President Trump's recent announcement of a temporary reprieve on levies targeting Mexico and Canada has done little to stabilize the currency. This environment has led investors to focus on the upcoming U.S. non-farm payrolls report, seeking insights into potential economic trends. The dollar's depreciation is evident against several currencies: it reached a three-month low of 0.8820 against the Swiss franc and weakened relative to both the Canadian dollar and Mexican peso. The U.S. dollar index, which measures the greenback against six major peers, declined by 0.05% to 104.15. Market participants are now closely monitoring the U.S. non-farm payrolls data, scheduled for release later today, to assess the labor market's health and its implications for future economic performance.